COLD

Cost of Living in Compo, CT

Population 3,561 · Connecticut · Data vintage 2023

445
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing prices in Compo cluster toward the top of the US distribution — a median of $1.4 million, roughly 4 times the national figure, consistent with markets dominated by nonresident and vacation-home buyers.

Geographically, Compo sits roughly 9 miles southwest of Bridgeport. Median home values run roughly 438% higher than Bridgeport's $252,000.

Cost Overview

Housing 445

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

About the Cost of Living in Compo

The median home value in Compo is $1,356,900 — 345% above the national median of $305,000. The median household income of $250,001/year is 235% higher than the US median of $74,580. The local unemployment rate is 3.9%, 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, Compo has a cost of living index of 445 versus the US average of 100, meaning it is 345% more expensive.

📍

Compo 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:

Westport, CT
Median home: $1,245,200
Rent: $2,369/mo
Income: $250,001
Norwalk, CT
Median home: $535,000
Rent: $2,010/mo
Income: $105,301
Fairfield, CT
Median home: $738,000
Rent: $2,194/mo
Income: $168,391
Weston, CT
Median home: $968,400
Rent: $3,501/mo
Income: $250,001
Wilton, CT
Median home: $891,300
Rent: $1,725/mo
Income: $227,165

🏠 Housing

Median Home Value
$1,356,900
345% above avg
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 82.7%
Renter-occupied 17.3%

🛒 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
39.8 min
47% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
34.3%

Commute Mode

Drove alone
41.5%
Carpooled
6.7%
Public transit
14.5%
Walked
3.0%
Work from home
34.3%

⚡ 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
$250,001
235% above avg
Per Capita Income
$120,696
Unemployment Rate
3.9%
19% below avg
Poverty Rate
6.7%
Labor Force Participation
56.3%

🎓 Education

Bachelor's degree+ 41.6%
Graduate degree 40.0%

👥 Demographics

Median Age 44
Male median age 34.9
Female median age 49.5

Frequently Asked Questions

What is the cost of living in Compo, CT?

Compo has a cost index of 445 (100 = national average). It is 345% above the national average.

What is the average home price in Compo?

The median home value in Compo is $1,356,900 according to 2023 Census ACS data.

What is the median income in Compo?

The median household income in Compo is $250,001 per year (2023 ACS 5-year estimates).

What is the sales tax in Compo, CT?

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

Is Compo, CT affordable?

Compo is above average in cost of living, with an index of 445 — about 345% higher than the national average.

Compo at a Glance

Population
3,561
Median Income
$250,001
Home Value
$1,356,900
Unemployment
3.9%
Sales Tax
6.3%
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