Cost of Living in Danbury, CT

Population 86,086 · Connecticut · Data vintage 2023

130
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Danbury lands reasonably close to national benchmarks on most cost indicators, with a median home value of $382,000 — 25% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Connecticut. At 6.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Danbury sits roughly 20 miles northwest of Bridgeport — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 51% higher than Bridgeport's $252,000.

Cost Overview

Housing 125
Rent 137

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

About the Cost of Living in Danbury

The median home value in Danbury is $381,600 — 25% above the national median of $305,000. Median rent runs $1,804/month, 37% higher than the national median of $1,314/month. The median household income of $83,422/year is 12% higher than the US median of $74,580. The local unemployment rate is 6.3%, 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 59.8°F and lows of 39.5°F. Overall, Danbury has a cost of living index of 130 versus the US average of 100, meaning it is 30% more expensive.

🏠 Housing

Median Home Value
$381,600
25% above avg
Zillow Home Value
$467,900
Zillow ZHVI
Median Rent
$1,804/mo
37% above avg
Zillow Rent
$2,444/mo
Zillow ZORI
Price-to-Rent Ratio
17.6x
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 54.9%
Renter-occupied 45.1%

💰 Estimated Monthly Budget

Rent median rent
$1,804
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,418/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
32.8 min
21% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.0%

Commute Mode

Drove alone
68.2%
Carpooled
13.7%
Public transit
2.4%
Walked
1.5%
Work from home
12.0%

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
$83,422
12% above avg
Per Capita Income
$44,800
Unemployment Rate
6.3%
31% above avg
Poverty Rate
11.1%
Labor Force Participation
69.8%

🎓 Education

Bachelor's degree+ 19.7%
Graduate degree 14.8%

👥 Demographics

Median Age 40.5
Male median age 38.9
Female median age 42.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.8°F
Avg Low
39.5°F
Annual Precip
48"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 363947596978828074625141
Low °F 182027374656626052413124
Precip" 3.062.693.893.743.784.484.464.624.814.483.784.24

Frequently Asked Questions

What is the cost of living in Danbury, CT?

Danbury has a cost index of 130 (100 = national average). It is 30% above the national average.

What is average rent in Danbury, CT?

The median gross rent in Danbury is $1,804 per month based on 2023 Census data.

What is the average home price in Danbury?

The median home value in Danbury is $381,600 according to Zillow and Census data.

What is the median income in Danbury?

The median household income in Danbury is $83,422 per year (2023 ACS 5-year estimates).

What is the sales tax in Danbury, CT?

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

Is Danbury, CT affordable?

Danbury is above average in cost of living, with an index of 130 — about 30% higher than the national average.

What is the weather like in Danbury?

Danbury has average high temperatures of 59.8°F and average lows of 39.5°F. Annual precipitation is 48". Data from NOAA 1991–2020 Climate Normals.

Danbury at a Glance

Population
86,086
Median Income
$83,422
Home Value
$381,600
Median Rent
$1,804/mo
Unemployment
6.3%
Avg High Temp
59.8°F
Sales Tax
6.3%
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🗺️ County data for Connecticut

Explore county-level cost of living data

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