Cost of Living in Saugatuck, CT

Population 3,091 · Connecticut · Data vintage 2023

345
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing prices in Saugatuck cluster toward the top of the US distribution — a median of $1.4 million, roughly 5 times the national figure, consistent with markets dominated by nonresident and vacation-home buyers.

Saugatuck sits roughly 10 miles east of Stamford — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 129% higher than Stamford's $614,000.

Cost Overview

Housing 462
Rent 171

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

About the Cost of Living in Saugatuck

The median home value in Saugatuck is $1,408,500 — 362% above the national median of $305,000. Median rent runs $2,245/month, 71% higher than the national median of $1,314/month. The median household income of $208,242/year is 179% higher than the US median of $74,580. The local unemployment rate is 4.4%, 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, Saugatuck has a cost of living index of 345 versus the US average of 100, meaning it is 245% more expensive.

🏠 Housing

Median Home Value
$1,408,500
362% above avg
Zillow Home Value
$337,253
Zillow ZHVI
Median Rent
$2,245/mo
71% above avg
Zillow Rent
$1,772/mo
Zillow ZORI
Price-to-Rent Ratio
52.3x
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 73.8%
Renter-occupied 26.2%

💰 Estimated Monthly Budget

Rent median rent
$2,245
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,859/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
37.0 min
37% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
31.2%

Commute Mode

Drove alone
54.1%
Public transit
10.1%
Walked
1.6%
Bicycle
0.6%
Work from home
31.2%

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
$208,242
179% above avg
Per Capita Income
$146,956
Unemployment Rate
4.4%
9% below avg
Poverty Rate
1.9%
Labor Force Participation
65.3%

🎓 Education

Bachelor's degree+ 30.8%
Graduate degree 37.2%

👥 Demographics

Median Age 49.3
Male median age 51.5
Female median age 47.5

Frequently Asked Questions

What is the cost of living in Saugatuck, CT?

Saugatuck has a cost index of 345 (100 = national average). It is 245% above the national average.

What is average rent in Saugatuck, CT?

The median gross rent in Saugatuck is $2,245 per month based on 2023 Census data.

What is the average home price in Saugatuck?

The median home value in Saugatuck is $1,408,500 according to Zillow and Census data.

What is the median income in Saugatuck?

The median household income in Saugatuck is $208,242 per year (2023 ACS 5-year estimates).

What is the sales tax in Saugatuck, CT?

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

Is Saugatuck, CT affordable?

Saugatuck is above average in cost of living, with an index of 345 — about 245% higher than the national average.

Saugatuck at a Glance

Population
3,091
Median Income
$208,242
Home Value
$1,408,500
Median Rent
$2,245/mo
Unemployment
4.4%
Sales Tax
6.3%
View all cities in Connecticut →
🗺️ County data for Connecticut

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs