Cost of Living in Daniels Farm, CT

Population 5,995 · Connecticut · Data vintage 2023

224
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Daniels Farm run well above the national baseline, with a median of $595,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $197,731 place the city among the better-paid Connecticut metros. Unemployment has stayed elevated relative to the national figure — 6.1% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Daniels Farm sits roughly 6 miles north of Bridgeport — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 136% higher than Bridgeport's $252,000.

Cost Overview

Housing 195
Rent 266

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

About the Cost of Living in Daniels Farm

The median home value in Daniels Farm is $594,800 — 95% above the national median of $305,000. Median rent runs $3,501/month, 166% higher than the national median of $1,314/month. The median household income of $197,731/year is 165% higher than the US median of $74,580. The local unemployment rate is 6.1%, 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%. Overall, Daniels Farm has a cost of living index of 224 versus the US average of 100, meaning it is 124% more expensive.

🏠 Housing

Median Home Value
$594,800
95% above avg
Median Rent
$3,501/mo
166% above avg
Price-to-Rent Ratio
14.2x
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 90.0%
Renter-occupied 10.1%

💰 Estimated Monthly Budget

Rent median rent
$3,501
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $4,115/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
41.6 min
54% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
24.1%

Commute Mode

Drove alone
68.1%
Carpooled
2.1%
Public transit
5.7%
Walked
0.0%
Work from home
24.1%

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
$197,731
165% above avg
Per Capita Income
$72,462
Unemployment Rate
6.1%
27% above avg
Poverty Rate
6.1%
Labor Force Participation
69.0%

🎓 Education

Bachelor's degree+ 33.2%
Graduate degree 36.4%

👥 Demographics

Median Age 39.5
Male median age 35.9
Female median age 42.1

Frequently Asked Questions

What is the cost of living in Daniels Farm, CT?

Daniels Farm has a cost index of 224 (100 = national average). It is 124% above the national average.

What is average rent in Daniels Farm, CT?

The median gross rent in Daniels Farm is $3,501 per month based on 2023 Census data.

What is the average home price in Daniels Farm?

The median home value in Daniels Farm is $594,800 according to 2023 Census ACS data.

What is the median income in Daniels Farm?

The median household income in Daniels Farm is $197,731 per year (2023 ACS 5-year estimates).

What is the sales tax in Daniels Farm, CT?

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

Is Daniels Farm, CT affordable?

Daniels Farm is above average in cost of living, with an index of 224 — about 124% higher than the national average.