Cost of Living in Stamford, CT
Stamford has a cost of living index of 152 (100 = national average), making it significantly more expensive than the national average. The median household income is $93,864 and the median home price is $630,000.
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Stamford at a Glance
Population
135,470
Cost of Living Index
152
Median Income
$93,864
Median Home Price
$630,000
Property Tax Rate
1.89%
Sales Tax Rate
6.35%
Rent Index
150
State
Connecticut
Living in Stamford
Stamford is one of the more expensive cities in the United States. Housing costs are a major factor, with the median home price at $630,000. However, the median household income of $93,864 partially offsets the higher costs.
The combined sales tax rate in Stamford is 6.35%, and the effective property tax rate is 1.89%. Property taxes are above the national average, which is an important consideration for homebuyers.