Cost of Living in Oxford, CT

Population 12,870 · Connecticut · Data vintage 2023

132
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Oxford is a smaller Connecticut community of around 13000 residents, where median household incomes of $125,563 and housing costs ($455,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Oxford sits roughly 10 miles southwest of Waterbury — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 145% higher than Waterbury's $185,000.

Cost Overview

Housing 149
Rent 107

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

About the Cost of Living in Oxford

The median home value in Oxford is $454,900 — 49% above the national median of $305,000. Median rent runs $1,411/month, 7% higher than the national median of $1,314/month. The median household income of $125,563/year is 68% higher than the US median of $74,580. The local unemployment rate is 3.0%, 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 60.5°F and lows of 43.6°F. Overall, Oxford has a cost of living index of 132 versus the US average of 100, meaning it is 32% more expensive.

🏠 Housing

Median Home Value
$454,900
49% above avg
Median Rent
$1,411/mo
7% above avg
Price-to-Rent Ratio
26.9x
Favors renting
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,299
1 BR
$1,569
2 BR
$1,895
3 BR
$2,283
4 BR
$3,182
Owner-occupied 91.1%
Renter-occupied 8.9%

💰 Estimated Monthly Budget

Rent median rent
$1,411
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,025/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
28.9 min
7% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.9%

Commute Mode

Drove alone
84.8%
Carpooled
3.3%
Walked
0.4%
Work from home
9.9%

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
$125,563
68% above avg
Per Capita Income
$68,276
Unemployment Rate
3.0%
37% below avg
Poverty Rate
2.4%
Labor Force Participation
55.4%

🎓 Education

Bachelor's degree+ 26.8%
Graduate degree 19.0%

👥 Demographics

Median Age 44.3
Male median age 42.1
Female median age 48.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.5°F
Avg Low
43.6°F
Annual Precip
41.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384047586876828175645344
Low °F 232430394959666557463629
Precip" 2.722.843.664.193.543.473.363.554.033.783.123.53

Frequently Asked Questions

What is the cost of living in Oxford, CT?

Oxford has a cost index of 132 (100 = national average). It is 32% above the national average.

What is average rent in Oxford, CT?

The median gross rent in Oxford is $1,411 per month based on 2023 Census data.

What is the average home price in Oxford?

The median home value in Oxford is $454,900 according to 2023 Census ACS data.

What is the median income in Oxford?

The median household income in Oxford is $125,563 per year (2023 ACS 5-year estimates).

What is the sales tax in Oxford, CT?

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

Is Oxford, CT affordable?

Oxford is above average in cost of living, with an index of 132 — about 32% higher than the national average.

What is the weather like in Oxford?

Oxford has average high temperatures of 60.5°F and average lows of 43.6°F. Annual precipitation is 41.8". Data from NOAA 1991–2020 Climate Normals.

Oxford at a Glance

Population
12,870
Median Income
$125,563
Home Value
$454,900
Median Rent
$1,411/mo
Unemployment
3.0%
Avg High Temp
60.5°F
Sales Tax
6.3%
View all cities in Connecticut →
🗺️ County data for Connecticut

Explore county-level cost of living data

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