Cost of Living in Wolcott, CT
Population 16,192 · Connecticut · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Wolcott a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $301,000.
Located <5 miles northeast of Waterbury, Wolcott falls within that metro's commuting orbit. Median home values run roughly 62% higher than Waterbury's $185,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Wolcott
The median home value in Wolcott is $300,600 — 1% below the national median of $305,000. Median rent runs $1,650/month, 26% higher than the national median of $1,314/month. The median household income of $114,406/year is 53% higher than the US median of $74,580. The local unemployment rate is 3.4%, below 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 61.0°F and lows of 40.4°F. Overall, Wolcott has a cost of living index of 109 versus the US average of 100, meaning it is 9% more expensive.
🏠 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 37 | 39 | 48 | 60 | 70 | 79 | 84 | 82 | 75 | 64 | 52 | 42 |
| Low °F | 19 | 20 | 28 | 38 | 48 | 57 | 63 | 61 | 54 | 42 | 32 | 25 |
| Precip" | 3.05 | 2.93 | 4.05 | 4.13 | 3.48 | 4.05 | 3.38 | 3.54 | 4.28 | 4.49 | 3.36 | 4.12 |
Frequently Asked Questions
What is the cost of living in Wolcott, CT?
Wolcott has a cost index of 109 (100 = national average). It is 9% above the national average.
What is average rent in Wolcott, CT?
The median gross rent in Wolcott is $1,650 per month based on 2023 Census data.
What is the average home price in Wolcott?
The median home value in Wolcott is $300,600 according to 2023 Census ACS data.
What is the median income in Wolcott?
The median household income in Wolcott is $114,406 per year (2023 ACS 5-year estimates).
What is the sales tax in Wolcott, CT?
The combined state and local sales tax rate in Wolcott is 6.3%. The Connecticut state income tax top rate is 7.0%.
Is Wolcott, CT affordable?
Wolcott is near the national average in terms of cost of living, with an index of 109 (100 = US average).
What is the weather like in Wolcott?
Wolcott has average high temperatures of 61.0°F and average lows of 40.4°F. Annual precipitation is 44.9". Data from NOAA 1991–2020 Climate Normals.
Wolcott at a Glance
- Population
- 16,192
- Median Income
- $114,406
- Home Value
- $300,600
- Median Rent
- $1,650/mo
- Unemployment
- 3.4%
- Avg High Temp
- 61.0°F
- Sales Tax
- 6.3%
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