Cost of Living in Hartford, CT

Population 119,970 · Connecticut · Data vintage 2023

80
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Hartford's median household income of $45,300 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (25% here). Unemployment has stayed elevated relative to the national figure — 10.6% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Cost Overview

Housing 71
Rent 93

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

About the Cost of Living in Hartford

The median home value in Hartford is $217,200 — 29% below the national median of $305,000. Median rent runs $1,221/month, 7% lower than the national median of $1,314/month. The median household income of $45,300/year is 39% lower than the US median of $74,580. The local unemployment rate is 10.6%, 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 61.3°F and lows of 42.7°F. Overall, Hartford has a cost of living index of 80 versus the US average of 100, meaning it is 20% less expensive.

🏠 Housing

Median Home Value
$217,200
29% below avg
Zillow Home Value
$194,740
Zillow ZHVI
Median Rent
$1,221/mo
7% below avg
Zillow Rent
$1,530/mo
Zillow ZORI
Price-to-Rent Ratio
14.8x
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 25.8%
Renter-occupied 74.3%

💰 Estimated Monthly Budget

Rent median rent
$1,221
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,835/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
24.6 min
9% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.1%

Commute Mode

Drove alone
61.0%
Carpooled
11.4%
Public transit
11.8%
Walked
4.8%
Bicycle
0.4%
Work from home
8.1%

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
$45,300
39% below avg
Per Capita Income
$27,319
Unemployment Rate
10.6%
120% above avg
Poverty Rate
25.5%
Labor Force Participation
63.4%

🎓 Education

Bachelor's degree+ 10.3%
Graduate degree 7.9%

👥 Demographics

Median Age 33.4
Male median age 31.2
Female median age 35.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.3°F
Avg Low
42.7°F
Annual Precip
42.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374048607180858376645242
Low °F 202230405060666456443526
Precip" 2.942.573.513.793.433.883.873.483.974.203.443.75

Frequently Asked Questions

What is the cost of living in Hartford, CT?

Hartford has a cost index of 80 (100 = national average). It is 20% below the national average.

What is average rent in Hartford, CT?

The median gross rent in Hartford is $1,221 per month based on 2023 Census data.

What is the average home price in Hartford?

The median home value in Hartford is $217,200 according to Zillow and Census data.

What is the median income in Hartford?

The median household income in Hartford is $45,300 per year (2023 ACS 5-year estimates).

What is the sales tax in Hartford, CT?

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

Is Hartford, CT affordable?

Yes, Hartford is generally considered affordable, with a cost of living index of 80 — about 20% below the US national average of 100.

What is the weather like in Hartford?

Hartford has average high temperatures of 61.3°F and average lows of 42.7°F. Annual precipitation is 42.8". Data from NOAA 1991–2020 Climate Normals.

Hartford at a Glance

Population
119,970
Median Income
$45,300
Home Value
$217,200
Median Rent
$1,221/mo
Unemployment
10.6%
Avg High Temp
61.3°F
Sales Tax
6.3%
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Explore county-level cost of living data

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