Cost of Living in Newtown, CT
Population 27,384 · Connecticut · Data vintage 2023
(100 = US avg)
The Newtown cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $492,000, rents near $1,927 a month.
Newtown sits roughly 15 miles northwest of Bridgeport — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 95% higher than Bridgeport's $252,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Newtown
The median home value in Newtown is $491,600 — 61% above the national median of $305,000. Median rent runs $1,927/month, 47% higher than the national median of $1,314/month. The median household income of $148,067/year is 99% higher than the US median of $74,580. The local unemployment rate is 4.5%, 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 59.8°F and lows of 39.5°F. Overall, Newtown has a cost of living index of 155 versus the US average of 100, meaning it is 55% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 36 | 39 | 47 | 59 | 69 | 78 | 82 | 80 | 74 | 62 | 51 | 41 |
| Low °F | 18 | 20 | 27 | 37 | 46 | 56 | 62 | 60 | 52 | 41 | 31 | 24 |
| Precip" | 3.06 | 2.69 | 3.89 | 3.74 | 3.78 | 4.48 | 4.46 | 4.62 | 4.81 | 4.48 | 3.78 | 4.24 |
Frequently Asked Questions
What is the cost of living in Newtown, CT?
Newtown has a cost index of 155 (100 = national average). It is 55% above the national average.
What is average rent in Newtown, CT?
The median gross rent in Newtown is $1,927 per month based on 2023 Census data.
What is the average home price in Newtown?
The median home value in Newtown is $491,600 according to 2023 Census ACS data.
What is the median income in Newtown?
The median household income in Newtown is $148,067 per year (2023 ACS 5-year estimates).
What is the sales tax in Newtown, CT?
The combined state and local sales tax rate in Newtown is 6.3%. The Connecticut state income tax top rate is 7.0%.
Is Newtown, CT affordable?
Newtown is above average in cost of living, with an index of 155 — about 55% higher than the national average.
What is the weather like in Newtown?
Newtown has average high temperatures of 59.8°F and average lows of 39.5°F. Annual precipitation is 48". Data from NOAA 1991–2020 Climate Normals.
Newtown at a Glance
- Population
- 27,384
- Median Income
- $148,067
- Home Value
- $491,600
- Median Rent
- $1,927/mo
- Unemployment
- 4.5%
- Avg High Temp
- 59.8°F
- Sales Tax
- 6.3%
Nearby Cities
Explore county-level cost of living data
Connecticut Rankings
Similar Cost Cities
Cities in other states with comparable housing costs