Cost of Living in Thompsonville, CT

Population 7,473 · Connecticut · Data vintage 2023

88
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Thompsonville sits on the smaller end of the Connecticut city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 10.3% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 9 miles southwest of Springfield, Thompsonville falls within that metro's commuting orbit. Housing prices track closely with Springfield's $223,000 median.

Cost Overview

Housing 77
Rent 104

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

About the Cost of Living in Thompsonville

The median home value in Thompsonville is $235,200 — 23% below the national median of $305,000. Median rent runs $1,364/month, 4% higher than the national median of $1,314/month. The median household income of $71,714/year is 4% lower than the US median of $74,580. The local unemployment rate is 10.3%, 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%. The climate averages highs of 61.1°F and lows of 40.9°F, with about 51.7" of annual snowfall. Overall, Thompsonville has a cost of living index of 88 versus the US average of 100, meaning it is 12% less expensive.

🏠 Housing

Median Home Value
$235,200
23% below avg
Median Rent
$1,364/mo
4% above avg
Price-to-Rent Ratio
14.4x
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 44.7%
Renter-occupied 55.3%

💰 Estimated Monthly Budget

Rent median rent
$1,364
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,978/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
26.5 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.7%

Commute Mode

Drove alone
81.2%
Carpooled
9.1%
Walked
0.6%
Work from home
8.7%

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
$71,714
4% below avg
Per Capita Income
$35,465
Unemployment Rate
10.3%
113% above avg
Poverty Rate
16.3%
Labor Force Participation
64.7%

🎓 Education

Bachelor's degree+ 16.2%
Graduate degree 5.9%

👥 Demographics

Median Age 36.9
Male median age 34.8
Female median age 41.3

🌤 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 Thompsonville, CT?

Thompsonville has a cost index of 88 (100 = national average). It is 12% below the national average.

What is average rent in Thompsonville, CT?

The median gross rent in Thompsonville is $1,364 per month based on 2023 Census data.

What is the average home price in Thompsonville?

The median home value in Thompsonville is $235,200 according to 2023 Census ACS data.

What is the median income in Thompsonville?

The median household income in Thompsonville is $71,714 per year (2023 ACS 5-year estimates).

What is the sales tax in Thompsonville, CT?

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

Is Thompsonville, CT affordable?

Yes, Thompsonville is generally considered affordable, with a cost of living index of 88 — about 12% below the US national average of 100.

What is the weather like in Thompsonville?

Thompsonville 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.

Thompsonville at a Glance

Population
7,473
Median Income
$71,714
Home Value
$235,200
Median Rent
$1,364/mo
Unemployment
10.3%
Avg High Temp
61.1°F
Sales Tax
6.3%
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🗺️ County data for Connecticut

Explore county-level cost of living data

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