Cost of Living in Byram, CT

Population 5,011 · Connecticut · Data vintage 2023

228
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Byram sits 159% above the national median — $791,000 for the typical home — but median household incomes near $92,444 (24% above the US figure) soften the blow that similar pricing creates in lower-wage metros. Unemployment has stayed elevated relative to the national figure — 11.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Byram sits roughly 8 miles southwest of Stamford — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 29% higher than Stamford's $614,000.

Cost Overview

Housing 259
Rent 182

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

About the Cost of Living in Byram

The median home value in Byram is $790,800 — 159% above the national median of $305,000. Median rent runs $2,392/month, 82% higher than the national median of $1,314/month. The median household income of $92,444/year is 24% higher than the US median of $74,580. The local unemployment rate is 11.5%, 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 60.6°F and lows of 43.4°F. Overall, Byram has a cost of living index of 228 versus the US average of 100, meaning it is 128% more expensive.

🏠 Housing

Median Home Value
$790,800
159% above avg
Median Rent
$2,392/mo
82% above avg
Price-to-Rent Ratio
27.6x
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 44.4%
Renter-occupied 55.6%

💰 Estimated Monthly Budget

Rent median rent
$2,392
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,006/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
25.8 min
4% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.3%

Commute Mode

Drove alone
72.2%
Carpooled
5.8%
Public transit
2.8%
Walked
4.5%
Work from home
14.3%

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
$92,444
24% above avg
Per Capita Income
$69,064
Unemployment Rate
11.5%
139% above avg
Poverty Rate
4.5%
Labor Force Participation
70.8%

🎓 Education

Bachelor's degree+ 40.4%
Graduate degree 16.6%

👥 Demographics

Median Age 38.3
Male median age 37.4
Female median age 39.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.6°F
Avg Low
43.4°F
Annual Precip
47.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374048596978838174635242
Low °F 222431405059656457463628
Precip" 3.202.534.114.203.944.254.074.364.944.333.644.18

Frequently Asked Questions

What is the cost of living in Byram, CT?

Byram has a cost index of 228 (100 = national average). It is 128% above the national average.

What is average rent in Byram, CT?

The median gross rent in Byram is $2,392 per month based on 2023 Census data.

What is the average home price in Byram?

The median home value in Byram is $790,800 according to 2023 Census ACS data.

What is the median income in Byram?

The median household income in Byram is $92,444 per year (2023 ACS 5-year estimates).

What is the sales tax in Byram, CT?

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

Is Byram, CT affordable?

Byram is above average in cost of living, with an index of 228 — about 128% higher than the national average.

What is the weather like in Byram?

Byram has average high temperatures of 60.6°F and average lows of 43.4°F. Annual precipitation is 47.8". Data from NOAA 1991–2020 Climate Normals.

Byram at a Glance

Population
5,011
Median Income
$92,444
Home Value
$790,800
Median Rent
$2,392/mo
Unemployment
11.5%
Avg High Temp
60.6°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