Cost of Living in Noroton, CT

Population 5,522 · Connecticut · Data vintage 2023

411
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $1.5 million, the typical home in Noroton costs about 5× the national median, a premium characteristic of resort and luxury markets rather than primary-residence metros. At 7.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Noroton is part of the immediate Stamford metro area. Median home values run roughly 152% higher than Stamford's $614,000.

Cost Overview

Housing 507
Rent 266

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

About the Cost of Living in Noroton

The median home value in Noroton is $1,545,300 — 407% above the national median of $305,000. Median rent runs $3,501/month, 166% higher than the national median of $1,314/month. The median household income of $250,001/year is 235% higher than the US median of $74,580. The local unemployment rate is 7.8%, 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, Noroton has a cost of living index of 411 versus the US average of 100, meaning it is 311% more expensive.

🏠 Housing

Median Home Value
$1,545,300
407% above avg
Median Rent
$3,501/mo
166% above avg
Price-to-Rent Ratio
36.8x
Favors renting
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 71.7%
Renter-occupied 28.3%

💰 Estimated Monthly Budget

Rent median rent
$3,501
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $4,115/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
43.5 min
61% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
30.1%

Commute Mode

Drove alone
39.3%
Carpooled
4.0%
Public transit
22.1%
Walked
0.8%
Work from home
30.1%

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
$250,001
235% above avg
Per Capita Income
$131,796
Unemployment Rate
7.8%
61% above avg
Poverty Rate
7.3%
Labor Force Participation
66.0%

🎓 Education

Bachelor's degree+ 46.5%
Graduate degree 36.3%

👥 Demographics

Median Age 37.8
Male median age 38.5
Female median age 36.8

Frequently Asked Questions

What is the cost of living in Noroton, CT?

Noroton has a cost index of 411 (100 = national average). It is 311% above the national average.

What is average rent in Noroton, CT?

The median gross rent in Noroton is $3,501 per month based on 2023 Census data.

What is the average home price in Noroton?

The median home value in Noroton is $1,545,300 according to 2023 Census ACS data.

What is the median income in Noroton?

The median household income in Noroton is $250,001 per year (2023 ACS 5-year estimates).

What is the sales tax in Noroton, CT?

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

Is Noroton, CT affordable?

Noroton is above average in cost of living, with an index of 411 — about 311% higher than the national average.