Cost of Living in Broad Brook, CT

Population 3,550 · Connecticut · Data vintage 2023

104
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 Broad Brook a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $328,000.

Located 12 miles northeast of Hartford, Broad Brook falls within that metro's commuting orbit. Median home values run roughly 51% higher than Hartford's $217,000.

Cost Overview

Housing 108
Rent 99

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

About the Cost of Living in Broad Brook

The median home value in Broad Brook is $328,300 — 8% above the national median of $305,000. Median rent runs $1,297/month, 1% lower than the national median of $1,314/month. The median household income of $96,484/year is 29% higher than the US median of $74,580. The local unemployment rate is 3.6%, 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%. Overall, Broad Brook has a cost of living index of 104 versus the US average of 100, meaning it is 4% more expensive.

🏠 Housing

Median Home Value
$328,300
8% above avg
Zillow Home Value
$165,212
Zillow ZHVI
Median Rent
$1,297/mo
1% below avg
Price-to-Rent Ratio
21.1x
Favors renting
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 70.3%
Renter-occupied 29.7%

💰 Estimated Monthly Budget

Rent median rent
$1,297
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,911/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
24.9 min
8% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.4%

Commute Mode

Drove alone
74.3%
Carpooled
3.2%
Walked
1.1%
Work from home
21.4%

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
$96,484
29% above avg
Per Capita Income
$48,503
Unemployment Rate
3.6%
26% below avg
Poverty Rate
9.8%
Labor Force Participation
65.8%

🎓 Education

Bachelor's degree+ 23.7%
Graduate degree 24.6%

👥 Demographics

Median Age 42.5
Male median age 41.6
Female median age 42.8

Frequently Asked Questions

What is the cost of living in Broad Brook, CT?

Broad Brook has a cost index of 104 (100 = national average). It is 4% above the national average.

What is average rent in Broad Brook, CT?

The median gross rent in Broad Brook is $1,297 per month based on 2023 Census data.

What is the average home price in Broad Brook?

The median home value in Broad Brook is $328,300 according to Zillow and Census data.

What is the median income in Broad Brook?

The median household income in Broad Brook is $96,484 per year (2023 ACS 5-year estimates).

What is the sales tax in Broad Brook, CT?

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

Is Broad Brook, CT affordable?

Broad Brook is near the national average in terms of cost of living, with an index of 104 (100 = US average).

Broad Brook at a Glance

Population
3,550
Median Income
$96,484
Home Value
$328,300
Median Rent
$1,297/mo
Unemployment
3.6%
Sales Tax
6.3%
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🗺️ County data for Connecticut

Explore county-level cost of living data

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