Cost of Living in Simsbury Center, CT

Population 6,326 · Connecticut · Data vintage 2023

140
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Simsbury Center is a smaller Connecticut community of around 6000 residents, where median household incomes of $141,688 and housing costs ($372,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Simsbury Center sits roughly 10 miles northwest of Hartford — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 71% higher than Hartford's $217,000.

Cost Overview

Housing 122
Rent 166

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

About the Cost of Living in Simsbury Center

The median home value in Simsbury Center is $372,400 — 22% above the national median of $305,000. Median rent runs $2,177/month, 66% higher than the national median of $1,314/month. The median household income of $141,688/year is 90% higher than the US median of $74,580. The local unemployment rate is 5.1%, 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, Simsbury Center has a cost of living index of 140 versus the US average of 100, meaning it is 40% more expensive.

🏠 Housing

Median Home Value
$372,400
22% above avg
Median Rent
$2,177/mo
66% above avg
Price-to-Rent Ratio
14.3x
Favors buying
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 63.9%
Renter-occupied 36.1%

💰 Estimated Monthly Budget

Rent median rent
$2,177
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,791/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
29.1 min
8% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
28.6%

Commute Mode

Drove alone
57.7%
Carpooled
2.8%
Public transit
3.2%
Walked
5.5%
Work from home
28.6%

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
$141,688
90% above avg
Per Capita Income
$66,591
Unemployment Rate
5.1%
6% above avg
Poverty Rate
5.5%
Labor Force Participation
71.7%

🎓 Education

Bachelor's degree+ 39.0%
Graduate degree 29.9%

👥 Demographics

Median Age 46.2
Male median age 48.3
Female median age 44.8

Frequently Asked Questions

What is the cost of living in Simsbury Center, CT?

Simsbury Center has a cost index of 140 (100 = national average). It is 40% above the national average.

What is average rent in Simsbury Center, CT?

The median gross rent in Simsbury Center is $2,177 per month based on 2023 Census data.

What is the average home price in Simsbury Center?

The median home value in Simsbury Center is $372,400 according to 2023 Census ACS data.

What is the median income in Simsbury Center?

The median household income in Simsbury Center is $141,688 per year (2023 ACS 5-year estimates).

What is the sales tax in Simsbury Center, CT?

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

Is Simsbury Center, CT affordable?

Simsbury Center is above average in cost of living, with an index of 140 — about 40% higher than the national average.

Simsbury Center at a Glance

Population
6,326
Median Income
$141,688
Home Value
$372,400
Median Rent
$2,177/mo
Unemployment
5.1%
Sales Tax
6.3%
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Explore county-level cost of living data

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