Cost of Living in Terryville, CT
Population 5,112 · Connecticut · Data vintage 2023
(100 = US avg)
Housing costs in Terryville stay well under national norms: a median home value of $221,000 against median household incomes of $73,438 gives the city one of the more comfortable price-to-income ratios in Connecticut.
Located 8 miles north of Waterbury, Terryville falls within that metro's commuting orbit. Median home values run roughly 19% higher than Waterbury's $185,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Terryville
The median home value in Terryville is $221,000 — 28% below the national median of $305,000. Median rent runs $1,130/month, 14% lower than the national median of $1,314/month. The median household income of $73,438/year is 2% lower than the US median of $74,580. The local unemployment rate is 5.3%, 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, Terryville has a cost of living index of 78 versus the US average of 100, meaning it is 22% less expensive.
Terryville has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Terryville, CT?
Terryville has a cost index of 78 (100 = national average). It is 22% below the national average.
What is average rent in Terryville, CT?
The median gross rent in Terryville is $1,130 per month based on 2023 Census data.
What is the average home price in Terryville?
The median home value in Terryville is $221,000 according to 2023 Census ACS data.
What is the median income in Terryville?
The median household income in Terryville is $73,438 per year (2023 ACS 5-year estimates).
What is the sales tax in Terryville, CT?
The combined state and local sales tax rate in Terryville is 6.3%. The Connecticut state income tax top rate is 7.0%.
Is Terryville, CT affordable?
Yes, Terryville is generally considered affordable, with a cost of living index of 78 — about 22% below the US national average of 100.
Terryville at a Glance
- Population
- 5,112
- Median Income
- $73,438
- Home Value
- $221,000
- Median Rent
- $1,130/mo
- Unemployment
- 5.3%
- Sales Tax
- 6.3%
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Connecticut Rankings
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