Cost of Living in Canton, CT

Population 10,108 · 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

Canton is a smaller Connecticut community of around 10000 residents, where median household incomes of $127,941 and housing costs ($400,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.6% — below most comparable cities in the state.

Canton sits roughly 13 miles west of Hartford — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 84% higher than Hartford's $217,000.

Cost Overview

Housing 131
Rent 106

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

About the Cost of Living in Canton

The median home value in Canton is $399,900 — 31% above the national median of $305,000. Median rent runs $1,397/month, 6% higher than the national median of $1,314/month. The median household income of $127,941/year is 72% higher than the US median of $74,580. The local unemployment rate is 1.6%, 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%. The climate averages highs of 61.1°F and lows of 40.9°F, with about 51.7" of annual snowfall. Overall, Canton has a cost of living index of 121 versus the US average of 100, meaning it is 21% more expensive.

🏠 Housing

Median Home Value
$399,900
31% above avg
Median Rent
$1,397/mo
6% above avg
Price-to-Rent Ratio
23.9x
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 85.8%
Renter-occupied 14.2%

💰 Estimated Monthly Budget

Rent median rent
$1,397
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,011/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
28.0 min
4% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.6%

Commute Mode

Drove alone
69.9%
Carpooled
6.9%
Walked
1.4%
Work from home
21.6%

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
$127,941
72% above avg
Per Capita Income
$70,859
Unemployment Rate
1.6%
67% below avg
Poverty Rate
4.7%
Labor Force Participation
49.4%

🎓 Education

Bachelor's degree+ 28.6%
Graduate degree 30.3%

👥 Demographics

Median Age 45.4
Male median age 42.2
Female median age 50.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.1°F
Avg Low
40.9°F
Annual Precip
47"
Annual Snowfall
51.7"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353947617280858376645241
Low °F 192128384858636254423325
Precip" 3.283.133.813.883.794.284.174.214.394.523.514.08
Snow" 14.214.89.41.10.00.00.00.00.00.71.410.1

Frequently Asked Questions

What is the cost of living in Canton, CT?

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

What is average rent in Canton, CT?

The median gross rent in Canton is $1,397 per month based on 2023 Census data.

What is the average home price in Canton?

The median home value in Canton is $399,900 according to 2023 Census ACS data.

What is the median income in Canton?

The median household income in Canton is $127,941 per year (2023 ACS 5-year estimates).

What is the sales tax in Canton, CT?

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

Is Canton, CT affordable?

Canton 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 Canton?

Canton has average high temperatures of 61.1°F and average lows of 40.9°F. Annual precipitation is 47". Average annual snowfall is 51.7". Data from NOAA 1991–2020 Climate Normals.

Canton at a Glance

Population
10,108
Median Income
$127,941
Home Value
$399,900
Median Rent
$1,397/mo
Unemployment
1.6%
Avg High Temp
61.1°F
Sales Tax
6.3%
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🗺️ County data for Connecticut

Explore county-level cost of living data

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