Cost of Living in Beacon Falls, CT

Population 6,089 · Connecticut · Data vintage 2023

121
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 Beacon Falls a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $324,000.

Located 8 miles south of Waterbury, Beacon Falls falls within that metro's commuting orbit. Median home values run roughly 75% higher than Waterbury's $185,000.

Cost Overview

Housing 106
Rent 144

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

About the Cost of Living in Beacon Falls

The median home value in Beacon Falls is $323,900 — 6% above the national median of $305,000. Median rent runs $1,886/month, 44% higher than the national median of $1,314/month. The median household income of $95,405/year is 28% higher than the US median of $74,580. The local unemployment rate is 5.6%, 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 60.5°F and lows of 43.6°F. Overall, Beacon Falls has a cost of living index of 121 versus the US average of 100, meaning it is 21% more expensive.

🏠 Housing

Median Home Value
$323,900
6% above avg
Median Rent
$1,886/mo
44% above avg
Price-to-Rent Ratio
14.3x
Favors buying
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,299
1 BR
$1,569
2 BR
$1,895
3 BR
$2,283
4 BR
$3,182
Owner-occupied 83.4%
Renter-occupied 16.6%

💰 Estimated Monthly Budget

Rent median rent
$1,886
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,500/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
33.2 min
23% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.3%

Commute Mode

Drove alone
79.6%
Carpooled
5.6%
Public transit
0.6%
Walked
1.4%
Work from home
12.3%

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
$95,405
28% above avg
Per Capita Income
$55,045
Unemployment Rate
5.6%
16% above avg
Poverty Rate
4.0%
Labor Force Participation
59.2%

🎓 Education

Bachelor's degree+ 22.8%
Graduate degree 20.6%

👥 Demographics

Median Age 49.5
Male median age 44.8
Female median age 53

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.5°F
Avg Low
43.6°F
Annual Precip
41.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384047586876828175645344
Low °F 232430394959666557463629
Precip" 2.722.843.664.193.543.473.363.554.033.783.123.53

Frequently Asked Questions

What is the cost of living in Beacon Falls, CT?

Beacon Falls has a cost index of 121 (100 = national average). It is 21% above the national average.

What is average rent in Beacon Falls, CT?

The median gross rent in Beacon Falls is $1,886 per month based on 2023 Census data.

What is the average home price in Beacon Falls?

The median home value in Beacon Falls is $323,900 according to 2023 Census ACS data.

What is the median income in Beacon Falls?

The median household income in Beacon Falls is $95,405 per year (2023 ACS 5-year estimates).

What is the sales tax in Beacon Falls, CT?

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

Is Beacon Falls, CT affordable?

Beacon Falls is above average in cost of living, with an index of 121 — about 21% higher than the national average.

What is the weather like in Beacon Falls?

Beacon Falls has average high temperatures of 60.5°F and average lows of 43.6°F. Annual precipitation is 41.8". Data from NOAA 1991–2020 Climate Normals.

Beacon Falls at a Glance

Population
6,089
Median Income
$95,405
Home Value
$323,900
Median Rent
$1,886/mo
Unemployment
5.6%
Avg High Temp
60.5°F
Sales Tax
6.3%
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🗺️ County data for Connecticut

Explore county-level cost of living data

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