Cost of Living in Deep River, CT

Population 4,432 · Connecticut · Data vintage 2023

106
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Deep River is a smaller Connecticut community of around 4000 residents, where median household incomes of $86,995 and housing costs ($349,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Deep River sits roughly 25 miles east of New Haven — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 40% higher than New Haven's $249,000.

Cost Overview

Housing 115
Rent 93

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

About the Cost of Living in Deep River

The median home value in Deep River is $349,300 — 15% above the national median of $305,000. Median rent runs $1,219/month, 7% lower than the national median of $1,314/month. The median household income of $86,995/year is 17% higher than the US median of $74,580. The local unemployment rate is 3.1%, 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 60.5°F and lows of 43.6°F. Overall, Deep River has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.

🏠 Housing

Median Home Value
$349,300
15% above avg
Median Rent
$1,219/mo
7% below avg
Price-to-Rent Ratio
23.9x
Favors renting
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,286
1 BR
$1,294
2 BR
$1,680
3 BR
$2,192
4 BR
$2,821
Owner-occupied 68.6%
Renter-occupied 31.4%

💰 Estimated Monthly Budget

Rent median rent
$1,219
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,833/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
24.7 min
9% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.7%

Commute Mode

Drove alone
79.8%
Carpooled
6.5%
Public transit
0.3%
Walked
3.0%
Work from home
9.7%

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
$86,995
17% above avg
Per Capita Income
$51,068
Unemployment Rate
3.1%
35% below avg
Poverty Rate
6.1%
Labor Force Participation
58.8%

🎓 Education

Bachelor's degree+ 28.4%
Graduate degree 15.0%

👥 Demographics

Median Age 45.8
Male median age 43.3
Female median age 48.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.5°F
Avg Low
43.6°F
Annual Precip
41.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384047586876828175645344
Low °F 232430394959666557463629
Precip" 2.722.843.664.193.543.473.363.554.033.783.123.53

Frequently Asked Questions

What is the cost of living in Deep River, CT?

Deep River has a cost index of 106 (100 = national average). It is 6% above the national average.

What is average rent in Deep River, CT?

The median gross rent in Deep River is $1,219 per month based on 2023 Census data.

What is the average home price in Deep River?

The median home value in Deep River is $349,300 according to 2023 Census ACS data.

What is the median income in Deep River?

The median household income in Deep River is $86,995 per year (2023 ACS 5-year estimates).

What is the sales tax in Deep River, CT?

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

Is Deep River, CT affordable?

Deep River is near the national average in terms of cost of living, with an index of 106 (100 = US average).

What is the weather like in Deep River?

Deep River has average high temperatures of 60.5°F and average lows of 43.6°F. Annual precipitation is 41.8". Data from NOAA 1991–2020 Climate Normals.

Deep River at a Glance

Population
4,432
Median Income
$86,995
Home Value
$349,300
Median Rent
$1,219/mo
Unemployment
3.1%
Avg High Temp
60.5°F
Sales Tax
6.3%
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🗺️ County data for Connecticut

Explore county-level cost of living data

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