Cost of Living in Storrs, CT

Population 13,502 · Connecticut · Data vintage 2023

109
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Storrs's median household income of $33,125 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (42% here). At 13.6%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 20 miles east of Hartford, Storrs falls within that metro's commuting orbit. Median home values run roughly 40% higher than Hartford's $217,000.

Cost Overview

Housing 100
Rent 123

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

About the Cost of Living in Storrs

The median home value in Storrs is $304,600 — equal to the national median of $305,000. Median rent runs $1,612/month, 23% higher than the national median of $1,314/month. The median household income of $33,125/year is 56% lower than the US median of $74,580. The local unemployment rate is 13.6%, 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, Storrs has a cost of living index of 109 versus the US average of 100, meaning it is 9% more expensive.

🏠 Housing

Median Home Value
$304,600
0% below avg
Median Rent
$1,612/mo
23% above avg
Price-to-Rent Ratio
15.7x
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 29.9%
Renter-occupied 70.1%

💰 Estimated Monthly Budget

Rent median rent
$1,612
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,226/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
17.9 min
34% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
35.9%

Commute Mode

Drove alone
26.9%
Carpooled
4.8%
Public transit
6.4%
Walked
25.6%
Work from home
35.9%

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
$33,125
56% below avg
Per Capita Income
$16,081
Unemployment Rate
13.6%
182% above avg
Poverty Rate
42.0%
Labor Force Participation
49.4%

🎓 Education

Bachelor's degree+ 24.8%
Graduate degree 43.9%

👥 Demographics

Median Age 20.4
Male median age 20.6
Female median age 20.2

Frequently Asked Questions

What is the cost of living in Storrs, CT?

Storrs has a cost index of 109 (100 = national average). It is 9% above the national average.

What is average rent in Storrs, CT?

The median gross rent in Storrs is $1,612 per month based on 2023 Census data.

What is the average home price in Storrs?

The median home value in Storrs is $304,600 according to 2023 Census ACS data.

What is the median income in Storrs?

The median household income in Storrs is $33,125 per year (2023 ACS 5-year estimates).

What is the sales tax in Storrs, CT?

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

Is Storrs, CT affordable?

Storrs is near the national average in terms of cost of living, with an index of 109 (100 = US average).

Storrs at a Glance

Population
13,502
Median Income
$33,125
Home Value
$304,600
Median Rent
$1,612/mo
Unemployment
13.6%
Sales Tax
6.3%
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