Cost of Living in Bridgeport, CT

Population 148,012 · Connecticut · Data vintage 2023

92
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Bridgeport's cost indicators track within a reasonable band of national figures, with median household incomes near $56,584 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail. Around 23% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Cost Overview

Housing 83
Rent 107

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

About the Cost of Living in Bridgeport

The median home value in Bridgeport is $252,400 — 17% below the national median of $305,000. Median rent runs $1,405/month, 7% higher than the national median of $1,314/month. The median household income of $56,584/year is 24% lower than the US median of $74,580. The local unemployment rate is 8.9%, 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 45.7°F, with about 33.6" of annual snowfall. Overall, Bridgeport has a cost of living index of 92 versus the US average of 100, meaning it is 8% less expensive.

🏠 Housing

Median Home Value
$252,400
17% below avg
Zillow Home Value
$353,182
Zillow ZHVI
Median Rent
$1,405/mo
7% above avg
Zillow Rent
$2,071/mo
Zillow ZORI
Price-to-Rent Ratio
15.0x
Favors buying
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,133
1 BR
$1,306
2 BR
$1,653
3 BR
$1,992
4 BR
$2,363
Owner-occupied 43.3%
Renter-occupied 56.7%

💰 Estimated Monthly Budget

Rent median rent
$1,405
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,019/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
32.0 min
19% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.4%

Commute Mode

Drove alone
63.4%
Carpooled
16.1%
Public transit
7.2%
Walked
4.2%
Bicycle
0.2%
Work from home
6.4%

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
$56,584
24% below avg
Per Capita Income
$30,658
Unemployment Rate
8.9%
84% above avg
Poverty Rate
22.5%
Labor Force Participation
66.4%

🎓 Education

Bachelor's degree+ 14.5%
Graduate degree 8.6%

👥 Demographics

Median Age 36.4
Male median age 35.8
Female median age 37.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.1°F
Avg Low
45.7°F
Annual Precip
44.1"
Annual Snowfall
33.6"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384147586878838275645444
Low °F 242632425262686760483830
Precip" 3.183.124.094.163.583.773.323.983.963.843.113.98
Snow" 8.510.77.00.90.00.00.00.00.00.10.95.5

Frequently Asked Questions

What is the cost of living in Bridgeport, CT?

Bridgeport has a cost index of 92 (100 = national average). It is 8% below the national average.

What is average rent in Bridgeport, CT?

The median gross rent in Bridgeport is $1,405 per month based on 2023 Census data.

What is the average home price in Bridgeport?

The median home value in Bridgeport is $252,400 according to Zillow and Census data.

What is the median income in Bridgeport?

The median household income in Bridgeport is $56,584 per year (2023 ACS 5-year estimates).

What is the sales tax in Bridgeport, CT?

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

Is Bridgeport, CT affordable?

Bridgeport is near the national average in terms of cost of living, with an index of 92 (100 = US average).

What is the weather like in Bridgeport?

Bridgeport has average high temperatures of 61.1°F and average lows of 45.7°F. Annual precipitation is 44.1". Average annual snowfall is 33.6". Data from NOAA 1991–2020 Climate Normals.

Bridgeport at a Glance

Population
148,012
Median Income
$56,584
Home Value
$252,400
Median Rent
$1,405/mo
Unemployment
8.9%
Avg High Temp
61.1°F
Sales Tax
6.3%
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