Cost of Living in Old Greenwich, CT
Population 6,904 · Connecticut · Data vintage 2023
(100 = US avg)
At $1.7 million, the typical home in Old Greenwich costs about 5× the national median, a premium characteristic of resort and luxury markets rather than primary-residence metros.
Old Greenwich is part of the immediate Stamford metro area — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 172% higher than Stamford's $614,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Old Greenwich
The median home value in Old Greenwich is $1,668,200 — 447% 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 4.7%, 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, Old Greenwich has a cost of living index of 435 versus the US average of 100, meaning it is 335% more expensive.
Old Greenwich 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 Old Greenwich, CT?
Old Greenwich has a cost index of 435 (100 = national average). It is 335% above the national average.
What is average rent in Old Greenwich, CT?
The median gross rent in Old Greenwich is $3,501 per month based on 2023 Census data.
What is the average home price in Old Greenwich?
The median home value in Old Greenwich is $1,668,200 according to 2023 Census ACS data.
What is the median income in Old Greenwich?
The median household income in Old Greenwich is $250,001 per year (2023 ACS 5-year estimates).
What is the sales tax in Old Greenwich, CT?
The combined state and local sales tax rate in Old Greenwich is 6.3%. The Connecticut state income tax top rate is 7.0%.
Is Old Greenwich, CT affordable?
Old Greenwich is above average in cost of living, with an index of 435 — about 335% higher than the national average.
Old Greenwich at a Glance
- Population
- 6,904
- Median Income
- $250,001
- Home Value
- $1,668,200
- Median Rent
- $3,501/mo
- Unemployment
- 4.7%
- Sales Tax
- 6.3%
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Connecticut Rankings
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