Cost of Living in Colchester, CT
Population 15,505 · Connecticut · Data vintage 2023
(100 = US avg)
Colchester 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. The labor market has been unusually tight, with unemployment around 2.0% — below most comparable cities in the state.
Located 25 miles southeast of Hartford, Colchester falls within that metro's commuting orbit. Median home values run roughly 57% higher than Hartford's $217,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Colchester
The median home value in Colchester is $340,300 — 12% above the national median of $305,000. Median rent runs $1,398/month, 6% higher than the national median of $1,314/month. The median household income of $118,839/year is 59% higher than the US median of $74,580. The local unemployment rate is 2.0%, 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 60.2°F and lows of 39.6°F. Overall, Colchester has a cost of living index of 110 versus the US average of 100, meaning it is 10% more expensive.
🏠 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 36 | 39 | 47 | 59 | 70 | 78 | 83 | 81 | 74 | 63 | 52 | 41 |
| Low °F | 18 | 19 | 27 | 37 | 47 | 56 | 62 | 60 | 52 | 41 | 31 | 24 |
| Precip" | 3.20 | 2.66 | 3.95 | 3.97 | 3.40 | 3.87 | 2.66 | 4.37 | 4.11 | 3.83 | 3.55 | 3.68 |
Frequently Asked Questions
What is the cost of living in Colchester, CT?
Colchester has a cost index of 110 (100 = national average). It is 10% above the national average.
What is average rent in Colchester, CT?
The median gross rent in Colchester is $1,398 per month based on 2023 Census data.
What is the average home price in Colchester?
The median home value in Colchester is $340,300 according to 2023 Census ACS data.
What is the median income in Colchester?
The median household income in Colchester is $118,839 per year (2023 ACS 5-year estimates).
What is the sales tax in Colchester, CT?
The combined state and local sales tax rate in Colchester is 6.3%. The Connecticut state income tax top rate is 7.0%.
Is Colchester, CT affordable?
Colchester is near the national average in terms of cost of living, with an index of 110 (100 = US average).
What is the weather like in Colchester?
Colchester has average high temperatures of 60.2°F and average lows of 39.6°F. Annual precipitation is 43.2". Data from NOAA 1991–2020 Climate Normals.
Colchester at a Glance
- Population
- 15,505
- Median Income
- $118,839
- Home Value
- $340,300
- Median Rent
- $1,398/mo
- Unemployment
- 2.0%
- Avg High Temp
- 60.2°F
- Sales Tax
- 6.3%
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Connecticut Rankings
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