Cost of Living in Lisbon, CT

Population 4,213 · Connecticut · Data vintage 2023

96
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lisbon is a smaller Connecticut community of around 4000 residents, where median household incomes of $94,302 and housing costs ($297,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.5% — below most comparable cities in the state.

Located 35 miles west of Providence, Lisbon falls within that metro's commuting orbit. Median home values run roughly 8% lower than Providence's $323,000.

Cost Overview

Housing 97
Rent 95

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

About the Cost of Living in Lisbon

The median home value in Lisbon is $297,000 — 3% below the national median of $305,000. Median rent runs $1,242/month, 5% lower than the national median of $1,314/month. The median household income of $94,302/year is 26% higher than the US median of $74,580. The local unemployment rate is 2.5%, 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 60.2°F and lows of 39.6°F. Overall, Lisbon has a cost of living index of 96 versus the US average of 100, meaning it is 4% less expensive.

🏠 Housing

Median Home Value
$297,000
3% below avg
Median Rent
$1,242/mo
5% below avg
Price-to-Rent Ratio
19.9x
Favors buying
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,114
1 BR
$1,326
2 BR
$1,625
3 BR
$2,107
4 BR
$2,723
Owner-occupied 94.7%
Renter-occupied 5.3%

💰 Estimated Monthly Budget

Rent median rent
$1,242
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,856/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
31.9 min
18% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.0%

Commute Mode

Drove alone
82.9%
Carpooled
5.1%
Walked
4.4%
Work from home
7.0%

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
$94,302
26% above avg
Per Capita Income
$41,263
Unemployment Rate
2.5%
47% below avg
Poverty Rate
7.3%
Labor Force Participation
48.7%

🎓 Education

Bachelor's degree+ 10.0%
Graduate degree 11.2%

👥 Demographics

Median Age 46
Male median age 42.2
Female median age 47.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.2°F
Avg Low
39.6°F
Annual Precip
43.2"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 363947597078838174635241
Low °F 181927374756626052413124
Precip" 3.202.663.953.973.403.872.664.374.113.833.553.68

Frequently Asked Questions

What is the cost of living in Lisbon, CT?

Lisbon has a cost index of 96 (100 = national average). It is 4% below the national average.

What is average rent in Lisbon, CT?

The median gross rent in Lisbon is $1,242 per month based on 2023 Census data.

What is the average home price in Lisbon?

The median home value in Lisbon is $297,000 according to 2023 Census ACS data.

What is the median income in Lisbon?

The median household income in Lisbon is $94,302 per year (2023 ACS 5-year estimates).

What is the sales tax in Lisbon, CT?

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

Is Lisbon, CT affordable?

Lisbon is near the national average in terms of cost of living, with an index of 96 (100 = US average).

What is the weather like in Lisbon?

Lisbon has average high temperatures of 60.2°F and average lows of 39.6°F. Annual precipitation is 43.2". Data from NOAA 1991–2020 Climate Normals.

Lisbon at a Glance

Population
4,213
Median Income
$94,302
Home Value
$297,000
Median Rent
$1,242/mo
Unemployment
2.5%
Avg High Temp
60.2°F
Sales Tax
6.3%
View all cities in Connecticut →
🗺️ County data for Connecticut

Explore county-level cost of living data

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