Cost of Living in Bethany, CT

Population 5,280 · Connecticut · Data vintage 2023

128
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bethany is a smaller Connecticut community of around 5000 residents, where median household incomes of $153,879 and housing costs ($419,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 9 miles northwest of New Haven, Bethany falls within that metro's commuting orbit. Median home values run roughly 68% higher than New Haven's $249,000.

Cost Overview

Housing 137
Rent 114

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

About the Cost of Living in Bethany

The median home value in Bethany is $418,900 — 37% above the national median of $305,000. Median rent runs $1,500/month, 14% higher than the national median of $1,314/month. The median household income of $153,879/year is 106% higher than the US median of $74,580. The local unemployment rate is 3.5%, below 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, Bethany has a cost of living index of 128 versus the US average of 100, meaning it is 28% more expensive.

🏠 Housing

Median Home Value
$418,900
37% above avg
Median Rent
$1,500/mo
14% above avg
Price-to-Rent Ratio
23.3x
Favors renting
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,421
1 BR
$1,529
2 BR
$1,867
3 BR
$2,319
4 BR
$2,618
Owner-occupied 95.7%
Renter-occupied 4.3%

💰 Estimated Monthly Budget

Rent median rent
$1,500
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,114/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
29.5 min
9% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.8%

Commute Mode

Drove alone
74.6%
Carpooled
9.6%
Walked
2.7%
Bicycle
3.5%
Work from home
8.8%

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
$153,879
106% above avg
Per Capita Income
$72,029
Unemployment Rate
3.5%
26% below avg
Poverty Rate
0.7%
Labor Force Participation
60.9%

🎓 Education

Bachelor's degree+ 25.2%
Graduate degree 33.7%

👥 Demographics

Median Age 43.5
Male median age 39.9
Female median age 44.5

🌤 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 Bethany, CT?

Bethany has a cost index of 128 (100 = national average). It is 28% above the national average.

What is average rent in Bethany, CT?

The median gross rent in Bethany is $1,500 per month based on 2023 Census data.

What is the average home price in Bethany?

The median home value in Bethany is $418,900 according to 2023 Census ACS data.

What is the median income in Bethany?

The median household income in Bethany is $153,879 per year (2023 ACS 5-year estimates).

What is the sales tax in Bethany, CT?

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

Is Bethany, CT affordable?

Bethany is above average in cost of living, with an index of 128 — about 28% higher than the national average.

What is the weather like in Bethany?

Bethany 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.

Bethany at a Glance

Population
5,280
Median Income
$153,879
Home Value
$418,900
Median Rent
$1,500/mo
Unemployment
3.5%
Avg High Temp
60.5°F
Sales Tax
6.3%
View all cities in Connecticut →
🗺️ County data for Connecticut

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs