Cost of Living in Hamden, CT

Population 60,297 · 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

Most of Hamden's cost indicators track within a reasonable band of national figures, with median household incomes near $92,176 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Hamden sits roughly 6 miles north of New Haven — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 13% higher than New Haven's $249,000.

Cost Overview

Housing 92
Rent 128

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

About the Cost of Living in Hamden

The median home value in Hamden is $281,000 — 8% below the national median of $305,000. Median rent runs $1,677/month, 28% higher than the national median of $1,314/month. The median household income of $92,176/year is 24% higher than the US median of $74,580. The local unemployment rate is 6.0%, 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 60.5°F and lows of 43.6°F. Overall, Hamden has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.

🏠 Housing

Median Home Value
$281,000
8% below avg
Median Rent
$1,677/mo
28% above avg
Price-to-Rent Ratio
14.0x
Favors buying
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,421
1 BR
$1,529
2 BR
$1,867
3 BR
$2,319
4 BR
$2,618
Owner-occupied 62.1%
Renter-occupied 37.9%

💰 Estimated Monthly Budget

Rent median rent
$1,677
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,291/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
23.0 min
15% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.8%

Commute Mode

Drove alone
68.1%
Carpooled
7.7%
Public transit
4.0%
Walked
3.4%
Bicycle
0.6%
Work from home
14.8%

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
$92,176
24% above avg
Per Capita Income
$45,068
Unemployment Rate
6.0%
24% above avg
Poverty Rate
9.4%
Labor Force Participation
55.7%

🎓 Education

Bachelor's degree+ 20.8%
Graduate degree 25.9%

👥 Demographics

Median Age 38.7
Male median age 37.4
Female median age 40

🌤 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 Hamden, CT?

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

What is average rent in Hamden, CT?

The median gross rent in Hamden is $1,677 per month based on 2023 Census data.

What is the average home price in Hamden?

The median home value in Hamden is $281,000 according to 2023 Census ACS data.

What is the median income in Hamden?

The median household income in Hamden is $92,176 per year (2023 ACS 5-year estimates).

What is the sales tax in Hamden, CT?

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

Is Hamden, CT affordable?

Hamden 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 Hamden?

Hamden 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.

Hamden at a Glance

Population
60,297
Median Income
$92,176
Home Value
$281,000
Median Rent
$1,677/mo
Unemployment
6.0%
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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