Cost of Living in Norwalk, CT
Population 91,375 · Connecticut · Data vintage 2023
(100 = US avg)
Most of Norwalk's cost indicators track within a reasonable band of national figures, with median household incomes near $105,301 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.
Geographically, Norwalk sits roughly 7 miles east of Stamford. Median home values run roughly 13% lower than Stamford's $614,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Norwalk
The median home value in Norwalk is $535,000 — 75% above the national median of $305,000. Median rent runs $2,010/month, 53% higher than the national median of $1,314/month. The median household income of $105,301/year is 41% higher than the US median of $74,580. The local unemployment rate is 5.8%, 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, Norwalk has a cost of living index of 166 versus the US average of 100, meaning it is 66% 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
Frequently Asked Questions
What is the cost of living in Norwalk, CT?
Norwalk has a cost index of 166 (100 = national average). It is 66% above the national average.
What is average rent in Norwalk, CT?
The median gross rent in Norwalk is $2,010 per month based on 2023 Census data.
What is the average home price in Norwalk?
The median home value in Norwalk is $535,000 according to Zillow and Census data.
What is the median income in Norwalk?
The median household income in Norwalk is $105,301 per year (2023 ACS 5-year estimates).
What is the sales tax in Norwalk, CT?
The combined state and local sales tax rate in Norwalk is 6.3%. The Connecticut state income tax top rate is 7.0%.
Is Norwalk, CT affordable?
Norwalk is above average in cost of living, with an index of 166 — about 66% higher than the national average.
Norwalk at a Glance
- Population
- 91,375
- Median Income
- $105,301
- Home Value
- $535,000
- Median Rent
- $2,010/mo
- Unemployment
- 5.8%
- Sales Tax
- 6.3%
Nearby Cities
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Connecticut Rankings
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