Cost of Living in Naugatuck, CT

Population 31,634 · Connecticut · Data vintage 2023

87
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Naugatuck cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $242,000, rents near $1,309 a month. At 6.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 5 miles south of Waterbury, Naugatuck falls within that metro's commuting orbit. Median home values run roughly 30% higher than Waterbury's $185,000.

Cost Overview

Housing 79
Rent 100

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

About the Cost of Living in Naugatuck

The median home value in Naugatuck is $241,600 — 21% below the national median of $305,000. Median rent runs $1,309/month, equal to than the national median of $1,314/month. The median household income of $92,184/year is 24% higher than the US median of $74,580. The local unemployment rate is 6.3%, 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%. Overall, Naugatuck has a cost of living index of 87 versus the US average of 100, meaning it is 13% less expensive.

🏠 Housing

Median Home Value
$241,600
21% below avg
Zillow Home Value
$337,253
Zillow ZHVI
Median Rent
$1,309/mo
0% below avg
Zillow Rent
$1,772/mo
Zillow ZORI
Price-to-Rent Ratio
15.4x
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 68.3%
Renter-occupied 31.7%

💰 Estimated Monthly Budget

Rent median rent
$1,309
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,923/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
34.9 min
29% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.3%

Commute Mode

Drove alone
75.7%
Carpooled
7.2%
Public transit
2.1%
Walked
0.7%
Work from home
12.3%

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
$92,184
24% above avg
Per Capita Income
$43,163
Unemployment Rate
6.3%
32% above avg
Poverty Rate
6.1%
Labor Force Participation
70.3%

🎓 Education

Bachelor's degree+ 16.1%
Graduate degree 16.3%

👥 Demographics

Median Age 39.7
Male median age 37.4
Female median age 40.8

Frequently Asked Questions

What is the cost of living in Naugatuck, CT?

Naugatuck has a cost index of 87 (100 = national average). It is 13% below the national average.

What is average rent in Naugatuck, CT?

The median gross rent in Naugatuck is $1,309 per month based on 2023 Census data.

What is the average home price in Naugatuck?

The median home value in Naugatuck is $241,600 according to Zillow and Census data.

What is the median income in Naugatuck?

The median household income in Naugatuck is $92,184 per year (2023 ACS 5-year estimates).

What is the sales tax in Naugatuck, CT?

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

Is Naugatuck, CT affordable?

Yes, Naugatuck is generally considered affordable, with a cost of living index of 87 — about 13% below the US national average of 100.

Naugatuck at a Glance

Population
31,634
Median Income
$92,184
Home Value
$241,600
Median Rent
$1,309/mo
Unemployment
6.3%
Sales Tax
6.3%
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