Cost of Living in Meriden, CT

Population 60,418 · Connecticut · Data vintage 2023

81
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Meriden can reasonably expect a home to cost less than three years of household income — $222,000 against $68,617 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. Unemployment has stayed elevated relative to the national figure — 8.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 13 miles east of Waterbury, Meriden falls within that metro's commuting orbit. Median home values run roughly 20% higher than Waterbury's $185,000.

Cost Overview

Housing 73
Rent 95

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

About the Cost of Living in Meriden

The median home value in Meriden is $221,600 — 27% below the national median of $305,000. Median rent runs $1,243/month, 5% lower than the national median of $1,314/month. The median household income of $68,617/year is 8% lower than the US median of $74,580. The local unemployment rate is 8.2%, 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, Meriden has a cost of living index of 81 versus the US average of 100, meaning it is 19% less expensive.

🏠 Housing

Median Home Value
$221,600
27% below avg
Zillow Home Value
$309,933
Zillow ZHVI
Median Rent
$1,243/mo
5% below avg
Zillow Rent
$1,644/mo
Zillow ZORI
Price-to-Rent Ratio
14.9x
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 59.9%
Renter-occupied 40.1%

💰 Estimated Monthly Budget

Rent median rent
$1,243
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,857/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
25.4 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.4%

Commute Mode

Drove alone
77.4%
Carpooled
10.3%
Public transit
1.6%
Walked
1.9%
Bicycle
0.1%
Work from home
7.4%

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
$68,617
8% below avg
Per Capita Income
$37,272
Unemployment Rate
8.2%
70% above avg
Poverty Rate
14.2%
Labor Force Participation
65.7%

🎓 Education

Bachelor's degree+ 13.6%
Graduate degree 8.7%

👥 Demographics

Median Age 38.6
Male median age 36.5
Female median age 40.7

🌤 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 Meriden, CT?

Meriden has a cost index of 81 (100 = national average). It is 19% below the national average.

What is average rent in Meriden, CT?

The median gross rent in Meriden is $1,243 per month based on 2023 Census data.

What is the average home price in Meriden?

The median home value in Meriden is $221,600 according to Zillow and Census data.

What is the median income in Meriden?

The median household income in Meriden is $68,617 per year (2023 ACS 5-year estimates).

What is the sales tax in Meriden, CT?

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

Is Meriden, CT affordable?

Yes, Meriden is generally considered affordable, with a cost of living index of 81 — about 19% below the US national average of 100.

What is the weather like in Meriden?

Meriden 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.