Cost of Living in Coventry, CT

Population 12,267 · Connecticut · Data vintage 2023

104
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Coventry a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $318,000. The labor market has been unusually tight, with unemployment around 1.9% — below most comparable cities in the state.

Geographically, Coventry sits roughly 15 miles east of Hartford. Median home values run roughly 46% higher than Hartford's $217,000.

Cost Overview

Housing 104
Rent 103

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

About the Cost of Living in Coventry

The median home value in Coventry is $318,000 — 4% above the national median of $305,000. Median rent runs $1,350/month, 3% higher than the national median of $1,314/month. The median household income of $104,953/year is 41% higher than the US median of $74,580. The local unemployment rate is 1.9%, 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%. The climate averages highs of 60.2°F and lows of 39.6°F. Overall, Coventry has a cost of living index of 104 versus the US average of 100, meaning it is 4% more expensive.

🏠 Housing

Median Home Value
$318,000
4% above avg
Median Rent
$1,350/mo
3% above avg
Price-to-Rent Ratio
19.6x
Favors buying
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 90.1%
Renter-occupied 9.9%

💰 Estimated Monthly Budget

Rent median rent
$1,350
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,964/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
27.0 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.3%

Commute Mode

Drove alone
81.8%
Carpooled
4.7%
Walked
0.1%
Work from home
13.3%

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
$104,953
41% above avg
Per Capita Income
$53,832
Unemployment Rate
1.9%
62% below avg
Poverty Rate
4.3%
Labor Force Participation
52.8%

🎓 Education

Bachelor's degree+ 22.5%
Graduate degree 21.7%

👥 Demographics

Median Age 46.1
Male median age 46.3
Female median age 45.9

🌤 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 Coventry, CT?

Coventry has a cost index of 104 (100 = national average). It is 4% above the national average.

What is average rent in Coventry, CT?

The median gross rent in Coventry is $1,350 per month based on 2023 Census data.

What is the average home price in Coventry?

The median home value in Coventry is $318,000 according to 2023 Census ACS data.

What is the median income in Coventry?

The median household income in Coventry is $104,953 per year (2023 ACS 5-year estimates).

What is the sales tax in Coventry, CT?

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

Is Coventry, CT affordable?

Coventry is near the national average in terms of cost of living, with an index of 104 (100 = US average).

What is the weather like in Coventry?

Coventry 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.

Coventry at a Glance

Population
12,267
Median Income
$104,953
Home Value
$318,000
Median Rent
$1,350/mo
Unemployment
1.9%
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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