Cost of Living in Cheshire Village, CT
Population 6,049 · Connecticut · Data vintage 2023
(100 = US avg)
Cheshire Village sits on the smaller end of the Connecticut city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Cheshire Village sits roughly 8 miles east of Waterbury — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 112% higher than Waterbury's $185,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Cheshire Village
The median home value in Cheshire Village is $393,200 — 29% above the national median of $305,000. Median rent runs $1,090/month, 17% lower than the national median of $1,314/month. The median household income of $114,923/year is 54% higher than the US median of $74,580. The local unemployment rate is 3.3%, 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, Cheshire Village has a cost of living index of 111 versus the US average of 100, meaning it is 11% more expensive.
Cheshire Village has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Cheshire Village, CT?
Cheshire Village has a cost index of 111 (100 = national average). It is 11% above the national average.
What is average rent in Cheshire Village, CT?
The median gross rent in Cheshire Village is $1,090 per month based on 2023 Census data.
What is the average home price in Cheshire Village?
The median home value in Cheshire Village is $393,200 according to 2023 Census ACS data.
What is the median income in Cheshire Village?
The median household income in Cheshire Village is $114,923 per year (2023 ACS 5-year estimates).
What is the sales tax in Cheshire Village, CT?
The combined state and local sales tax rate in Cheshire Village is 6.3%. The Connecticut state income tax top rate is 7.0%.
Is Cheshire Village, CT affordable?
Cheshire Village is above average in cost of living, with an index of 111 — about 11% higher than the national average.
Cheshire Village at a Glance
- Population
- 6,049
- Median Income
- $114,923
- Home Value
- $393,200
- Median Rent
- $1,090/mo
- Unemployment
- 3.3%
- Sales Tax
- 6.3%
Nearby Cities
Explore county-level cost of living data
Connecticut Rankings
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