Cost of Living in Oakville, CT
Population 9,233 · Connecticut · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Oakville a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $254,000. The labor market has been unusually tight, with unemployment around 2.5% — below most comparable cities in the state.
Located <5 miles northwest of Waterbury, Oakville falls within that metro's commuting orbit. Median home values run roughly 37% higher than Waterbury's $185,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Oakville
The median home value in Oakville is $253,500 — 17% below the national median of $305,000. Median rent runs $1,378/month, 5% higher than the national median of $1,314/month. The median household income of $89,330/year is 20% higher than the US median of $74,580. The local unemployment rate is 2.5%, 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%. Overall, Oakville has a cost of living index of 92 versus the US average of 100, meaning it is 8% less expensive.
Oakville has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 Oakville, CT?
Oakville has a cost index of 92 (100 = national average). It is 8% below the national average.
What is average rent in Oakville, CT?
The median gross rent in Oakville is $1,378 per month based on 2023 Census data.
What is the average home price in Oakville?
The median home value in Oakville is $253,500 according to 2023 Census ACS data.
What is the median income in Oakville?
The median household income in Oakville is $89,330 per year (2023 ACS 5-year estimates).
What is the sales tax in Oakville, CT?
The combined state and local sales tax rate in Oakville is 6.3%. The Connecticut state income tax top rate is 7.0%.
Is Oakville, CT affordable?
Oakville is near the national average in terms of cost of living, with an index of 92 (100 = US average).
Oakville at a Glance
- Population
- 9,233
- Median Income
- $89,330
- Home Value
- $253,500
- Median Rent
- $1,378/mo
- Unemployment
- 2.5%
- Sales Tax
- 6.3%
Nearby Cities
Explore county-level cost of living data
Connecticut Rankings
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