Cost of Living in Haddam, CT

Population 8,562 · Connecticut · Data vintage 2023

118
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Haddam sits on the smaller end of the Connecticut city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 6.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Haddam sits roughly 20 miles southeast of Hartford. Median home values run roughly 73% higher than Hartford's $217,000.

Cost Overview

Housing 123
Rent 110

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

About the Cost of Living in Haddam

The median home value in Haddam is $375,500 — 23% above the national median of $305,000. Median rent runs $1,445/month, 10% higher than the national median of $1,314/month. The median household income of $115,833/year is 55% higher than the US median of $74,580. The local unemployment rate is 6.5%, 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 61.0°F and lows of 40.4°F. Overall, Haddam has a cost of living index of 118 versus the US average of 100, meaning it is 18% more expensive.

🏠 Housing

Median Home Value
$375,500
23% above avg
Median Rent
$1,445/mo
10% above avg
Price-to-Rent Ratio
21.7x
Favors renting
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 89.4%
Renter-occupied 10.6%

💰 Estimated Monthly Budget

Rent median rent
$1,445
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,059/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
31.1 min
15% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.5%

Commute Mode

Drove alone
81.1%
Carpooled
5.5%
Public transit
1.3%
Walked
0.1%
Work from home
11.5%

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
$115,833
55% above avg
Per Capita Income
$56,899
Unemployment Rate
6.5%
36% above avg
Poverty Rate
2.8%
Labor Force Participation
57.2%

🎓 Education

Bachelor's degree+ 26.1%
Graduate degree 21.3%

👥 Demographics

Median Age 45.9
Male median age 45.5
Female median age 46.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.0°F
Avg Low
40.4°F
Annual Precip
44.9"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 373948607079848275645242
Low °F 192028384857636154423225
Precip" 3.052.934.054.133.484.053.383.544.284.493.364.12

Frequently Asked Questions

What is the cost of living in Haddam, CT?

Haddam has a cost index of 118 (100 = national average). It is 18% above the national average.

What is average rent in Haddam, CT?

The median gross rent in Haddam is $1,445 per month based on 2023 Census data.

What is the average home price in Haddam?

The median home value in Haddam is $375,500 according to 2023 Census ACS data.

What is the median income in Haddam?

The median household income in Haddam is $115,833 per year (2023 ACS 5-year estimates).

What is the sales tax in Haddam, CT?

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

Is Haddam, CT affordable?

Haddam is above average in cost of living, with an index of 118 — about 18% higher than the national average.

What is the weather like in Haddam?

Haddam has average high temperatures of 61.0°F and average lows of 40.4°F. Annual precipitation is 44.9". Data from NOAA 1991–2020 Climate Normals.

Haddam at a Glance

Population
8,562
Median Income
$115,833
Home Value
$375,500
Median Rent
$1,445/mo
Unemployment
6.5%
Avg High Temp
61.0°F
Sales Tax
6.3%
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🗺️ County data for Connecticut

Explore county-level cost of living data

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