Cost of Living in Shelton, CT

Population 41,402 · Connecticut · Data vintage 2023

136
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Shelton's cost indicators track within a reasonable band of national figures, with median household incomes near $114,739 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Geographically, Shelton sits roughly 9 miles northeast of Bridgeport. Median home values run roughly 73% higher than Bridgeport's $252,000.

Cost Overview

Housing 143
Rent 126

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

About the Cost of Living in Shelton

The median home value in Shelton is $435,700 — 43% above the national median of $305,000. Median rent runs $1,661/month, 26% higher than the national median of $1,314/month. The median household income of $114,739/year is 54% higher than the US median of $74,580. The local unemployment rate is 5.2%, 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, Shelton has a cost of living index of 136 versus the US average of 100, meaning it is 36% more expensive.

🏠 Housing

Median Home Value
$435,700
43% above avg
Zillow Home Value
$537,304
Zillow ZHVI
Median Rent
$1,661/mo
26% above avg
Zillow Rent
$2,354/mo
Zillow ZORI
Price-to-Rent Ratio
21.9x
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 75.9%
Renter-occupied 24.1%

💰 Estimated Monthly Budget

Rent median rent
$1,661
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,275/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
30.9 min
14% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.8%

Commute Mode

Drove alone
76.2%
Carpooled
7.7%
Public transit
1.4%
Walked
0.5%
Work from home
13.8%

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
$114,739
54% above avg
Per Capita Income
$55,824
Unemployment Rate
5.2%
8% above avg
Poverty Rate
5.6%
Labor Force Participation
66.8%

🎓 Education

Bachelor's degree+ 24.7%
Graduate degree 18.9%

👥 Demographics

Median Age 43.9
Male median age 43.7
Female median age 44.3

Frequently Asked Questions

What is the cost of living in Shelton, CT?

Shelton has a cost index of 136 (100 = national average). It is 36% above the national average.

What is average rent in Shelton, CT?

The median gross rent in Shelton is $1,661 per month based on 2023 Census data.

What is the average home price in Shelton?

The median home value in Shelton is $435,700 according to Zillow and Census data.

What is the median income in Shelton?

The median household income in Shelton is $114,739 per year (2023 ACS 5-year estimates).

What is the sales tax in Shelton, CT?

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

Is Shelton, CT affordable?

Shelton is above average in cost of living, with an index of 136 — about 36% higher than the national average.

Shelton at a Glance

Population
41,402
Median Income
$114,739
Home Value
$435,700
Median Rent
$1,661/mo
Unemployment
5.2%
Sales Tax
6.3%
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🗺️ County data for Connecticut

Explore county-level cost of living data

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