Cost of Living in New Haven, CT
New Haven has a cost of living index of 108 (100 = national average), making it more expensive than the national average. The median household income is $42,758 and the median home price is $250,000.
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New Haven at a Glance
Population
135,081
Cost of Living Index
108
Median Income
$42,758
Median Home Price
$250,000
Property Tax Rate
3.89%
Sales Tax Rate
6.35%
Rent Index
92
State
Connecticut
Living in New Haven
New Haven has a cost of living slightly above the national average. While housing at $250,000 is a significant expense, the area offers a balance between cost and quality of life.
The combined sales tax rate in New Haven is 6.35%, and the effective property tax rate is 3.89%. Property taxes are above the national average, which is an important consideration for homebuyers.