Cost of Living in Barkhamsted, CT

Population 3,652 · Connecticut · Data vintage 2023

106
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Barkhamsted a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $350,000. At 7.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Barkhamsted sits roughly 20 miles northwest of Hartford. Median home values run roughly 61% higher than Hartford's $217,000.

Cost Overview

Housing 115
Rent 93

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Barkhamsted

The median home value in Barkhamsted is $349,800 — 15% above the national median of $305,000. Median rent runs $1,228/month, 7% lower than the national median of $1,314/month. The median household income of $119,255/year is 60% higher than the US median of $74,580. The local unemployment rate is 7.8%, above the national average of 4.8%. Connecticut's top state income tax rate is 7.0% and the combined sales tax is 6.3%. The climate averages highs of 61.1°F and lows of 40.9°F, with about 51.7" of annual snowfall. Overall, Barkhamsted has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.

🏠 Housing

Median Home Value
$349,800
15% above avg
Median Rent
$1,228/mo
7% below avg
Price-to-Rent Ratio
23.7x
Favors renting
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,033
1 BR
$1,219
2 BR
$1,507
3 BR
$1,884
4 BR
$2,152
Owner-occupied 91.1%
Renter-occupied 8.9%

💰 Estimated Monthly Budget

Rent median rent
$1,228
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,842/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.8 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.3%

Commute Mode

Drove alone
73.9%
Carpooled
6.2%
Public transit
1.1%
Walked
0.4%
Work from home
18.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.0%
Total Sales Tax 6.3%
State rate 6.3%
Avg local rate 0.0%
Property Tax 2.1%

💼 Income & Employment

Median Household Income
$119,255
60% above avg
Per Capita Income
$55,117
Unemployment Rate
7.8%
63% above avg
Poverty Rate
4.7%
Labor Force Participation
58.6%

🎓 Education

Bachelor's degree+ 35.1%
Graduate degree 17.2%

👥 Demographics

Median Age 48.9
Male median age 48.7
Female median age 49.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.1°F
Avg Low
40.9°F
Annual Precip
47"
Annual Snowfall
51.7"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353947617280858376645241
Low °F 192128384858636254423325
Precip" 3.283.133.813.883.794.284.174.214.394.523.514.08
Snow" 14.214.89.41.10.00.00.00.00.00.71.410.1

Frequently Asked Questions

What is the cost of living in Barkhamsted, CT?

Barkhamsted has a cost index of 106 (100 = national average). It is 6% above the national average.

What is average rent in Barkhamsted, CT?

The median gross rent in Barkhamsted is $1,228 per month based on 2023 Census data.

What is the average home price in Barkhamsted?

The median home value in Barkhamsted is $349,800 according to 2023 Census ACS data.

What is the median income in Barkhamsted?

The median household income in Barkhamsted is $119,255 per year (2023 ACS 5-year estimates).

What is the sales tax in Barkhamsted, CT?

The combined state and local sales tax rate in Barkhamsted is 6.3%. The Connecticut state income tax top rate is 7.0%.

Is Barkhamsted, CT affordable?

Barkhamsted is near the national average in terms of cost of living, with an index of 106 (100 = US average).

What is the weather like in Barkhamsted?

Barkhamsted has average high temperatures of 61.1°F and average lows of 40.9°F. Annual precipitation is 47". Average annual snowfall is 51.7". Data from NOAA 1991–2020 Climate Normals.

Barkhamsted at a Glance

Population
3,652
Median Income
$119,255
Home Value
$349,800
Median Rent
$1,228/mo
Unemployment
7.8%
Avg High Temp
61.1°F
Sales Tax
6.3%
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