Cost of Living in Simsbury, CT

Population 24,747 · Connecticut · Data vintage 2023

144
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Simsbury a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $419,000.

Geographically, Simsbury sits roughly 11 miles northwest of Hartford. Median home values run roughly 93% higher than Hartford's $217,000.

Cost Overview

Housing 137
Rent 154

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

About the Cost of Living in Simsbury

The median home value in Simsbury is $418,600 — 37% above the national median of $305,000. Median rent runs $2,017/month, 54% higher than the national median of $1,314/month. The median household income of $153,715/year is 106% 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%. The climate averages highs of 61.1°F and lows of 40.9°F, with about 51.7" of annual snowfall. Overall, Simsbury has a cost of living index of 144 versus the US average of 100, meaning it is 44% more expensive.

🏠 Housing

Median Home Value
$418,600
37% above avg
Median Rent
$2,017/mo
54% above avg
Price-to-Rent Ratio
17.3x
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 73.9%
Renter-occupied 26.1%

💰 Estimated Monthly Budget

Rent median rent
$2,017
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,631/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
25.6 min
5% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
26.3%

Commute Mode

Drove alone
64.8%
Carpooled
3.8%
Public transit
1.5%
Walked
2.5%
Bicycle
0.2%
Work from home
26.3%

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
$153,715
106% above avg
Per Capita Income
$76,605
Unemployment Rate
5.1%
6% above avg
Poverty Rate
5.3%
Labor Force Participation
54.5%

🎓 Education

Bachelor's degree+ 39.4%
Graduate degree 30.1%

👥 Demographics

Median Age 42.8
Male median age 43.9
Female median age 41.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.1°F
Avg Low
40.9°F
Annual Precip
47"
Annual Snowfall
51.7"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353947617280858376645241
Low °F 192128384858636254423325
Precip" 3.283.133.813.883.794.284.174.214.394.523.514.08
Snow" 14.214.89.41.10.00.00.00.00.00.71.410.1

Frequently Asked Questions

What is the cost of living in Simsbury, CT?

Simsbury has a cost index of 144 (100 = national average). It is 44% above the national average.

What is average rent in Simsbury, CT?

The median gross rent in Simsbury is $2,017 per month based on 2023 Census data.

What is the average home price in Simsbury?

The median home value in Simsbury is $418,600 according to 2023 Census ACS data.

What is the median income in Simsbury?

The median household income in Simsbury is $153,715 per year (2023 ACS 5-year estimates).

What is the sales tax in Simsbury, CT?

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

Is Simsbury, CT affordable?

Simsbury is above average in cost of living, with an index of 144 — about 44% higher than the national average.

What is the weather like in Simsbury?

Simsbury has average high temperatures of 61.1°F and average lows of 40.9°F. Annual precipitation is 47". Average annual snowfall is 51.7". Data from NOAA 1991–2020 Climate Normals.

Simsbury at a Glance

Population
24,747
Median Income
$153,715
Home Value
$418,600
Median Rent
$2,017/mo
Unemployment
5.1%
Avg High Temp
61.1°F
Sales Tax
6.3%
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Explore county-level cost of living data

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