Cost of Living in Columbia, CT

Population 5,268 · Connecticut · Data vintage 2023

90
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Columbia is a smaller Connecticut community of around 5000 residents, where median household incomes of $122,500 and housing costs ($322,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Columbia sits roughly 20 miles east of Hartford. Median home values run roughly 48% higher than Hartford's $217,000.

Cost Overview

Housing 105
Rent 66

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

About the Cost of Living in Columbia

The median home value in Columbia is $321,500 — 5% above the national median of $305,000. Median rent runs $869/month, 34% lower than the national median of $1,314/month. The median household income of $122,500/year is 64% higher than the US median of $74,580. The local unemployment rate is 5.6%, 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 60.2°F and lows of 39.6°F. Overall, Columbia has a cost of living index of 90 versus the US average of 100, meaning it is 10% less expensive.

🏠 Housing

Median Home Value
$321,500
5% above avg
Median Rent
$869/mo
34% below avg
Price-to-Rent Ratio
30.8x
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 83.7%
Renter-occupied 16.4%

💰 Estimated Monthly Budget

Rent median rent
$869
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,483/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
29.8 min
10% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.6%

Commute Mode

Drove alone
76.3%
Carpooled
5.4%
Walked
0.7%
Work from home
17.6%

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
$122,500
64% above avg
Per Capita Income
$55,393
Unemployment Rate
5.6%
17% above avg
Poverty Rate
6.7%
Labor Force Participation
54.0%

🎓 Education

Bachelor's degree+ 18.3%
Graduate degree 15.2%

👥 Demographics

Median Age 49.6
Male median age 53.7
Female median age 46.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.2°F
Avg Low
39.6°F
Annual Precip
43.2"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 363947597078838174635241
Low °F 181927374756626052413124
Precip" 3.202.663.953.973.403.872.664.374.113.833.553.68

Frequently Asked Questions

What is the cost of living in Columbia, CT?

Columbia has a cost index of 90 (100 = national average). It is 10% below the national average.

What is average rent in Columbia, CT?

The median gross rent in Columbia is $869 per month based on 2023 Census data.

What is the average home price in Columbia?

The median home value in Columbia is $321,500 according to 2023 Census ACS data.

What is the median income in Columbia?

The median household income in Columbia is $122,500 per year (2023 ACS 5-year estimates).

What is the sales tax in Columbia, CT?

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

Is Columbia, CT affordable?

Columbia is near the national average in terms of cost of living, with an index of 90 (100 = US average).

What is the weather like in Columbia?

Columbia 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.

Columbia at a Glance

Population
5,268
Median Income
$122,500
Home Value
$321,500
Median Rent
$869/mo
Unemployment
5.6%
Avg High Temp
60.2°F
Sales Tax
6.3%
View all cities in Connecticut →
🗺️ County data for Connecticut

Explore county-level cost of living data

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