Danbury, CT Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Danbury, CT Summary

Cost of living in Danbury research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Danbury is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Connecticut, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Danbury is 128, with 100 being the average.

  • The cost of living index in Danbury is 1.3x higher than the national average.

  • Danbury ranks as the #43 cheapest in Connecticut out of 55.

  • Danbury ranks as the #5,183 cheapest out of 6,412 in the US.

  • The median home value in Danbury is $315,000.

  • The median income in Danbury is $74,600.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
128
Danbury's Overall Cost Of Living
1.3x
Higher Than The National Average

What is the cost of living in Danbury, CT?

According to the most recent data on the cost of living, Danbury has an overall cost of living index of 128, which is 1.3x higher than the national index of 100.

Compared to Connecticut, Danbury has a cost of living index that's 1.1x higher than Connecticut's index of 114.

The standard of living in Danbury ranks as #43 most affordable out of the 55 places we measured in Connecticut. By definition, that implies Danbury ranks as the #12 most expensive place in the Constitution State.

For more reading on life in Danbury, check out:

43 out of 55
In Connecticut
5,183 out of 6,412
In America

Danbury Cost Of Living Vs. Connecticut

Six factors go into calculating the cost of living index in Danbury. Here is how it fairs on each of the criteria:

  • The Services index in Danbury is 120.

  • The Groceries index in Danbury is 107.

  • The Health index in Danbury is 118.

  • The Housing index in Danbury is 150.

  • The Transportation index in Danbury is 114.

  • The Utilities index in Danbury is 132.

Living Expense Danbury Connecticut National Average
Overall 128 114 100
Services 120 113 100
Groceries 107 101 100
Health 118 107 100
Housing 150 123 100
Transportation 114 104 100
Utilities 132 127 100
For more reading on cost of living around Connecticut, check out:
Danbury Cost of Living Vs. CT

Danbury, CT Housing Cost Breakdown

Housing swings affordability the most between places in Connecticut, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Danbury is $315,000.

  • The Median Rent in Danbury is $1,568.

  • The Median Income in Danbury is $74,600.

  • The Home Value To Income in Danbury is 4.2x.

  • The Rent To Monthly Income in Danbury is 0.25x.

Statistic Danbury Connecticut United States
Median Home Value $315,000 $286,700 $244,900
Median Rent $1,568 $1,260 $1,163
Median Income $74,600 $83,572 $69,021
Home Value To Income 4.2x 3.4x 3.5x
Rent To Monthly Income 0.25x 0.18x 0.2x
Search Homes For Sale In Danbury, CT
$315,000
Median Home Value
$1,568
Median Rent
$74,600
Median Income

Danbury, CT Costs By Category

Detailed Danbury Services Costs Vs. Connecticut

Item Danbury Connecticut
Shampoo $0.96 $1.06
Movie $13.09 $10.68
Bowling $18.83 $14.67
Haircut $32.76 $18.62
Beauty Salon $65.09 $39.05

Detailed Danbury Groceries Costs Vs. Connecticut

Item Danbury Connecticut
Ground Beef $4.44 $4.22
Fried Chicken $1.42 $1.39
Milk $2.65 $2.05
Potatoes $3.98 $3.29
Pizza $9.41 $10.62
Beer $10.04 $9.38
Toothpaste $2.13 $2.34

Detailed Danbury Health Costs Vs. Connecticut

Item Danbury Connecticut
Optometrist $127.5 $108.57
Doctor $118.17 $116.17
Dentist $132.27 $99.13

Detailed Danbury Transportation Costs Vs. Connecticut

Item Danbury Connecticut
Gasoline $2.33 $2.22
Tire Balancing $69.75 $50.07

Detailed Danbury Utilities Costs Vs. Connecticut

Item Danbury Connecticut
All Electricity $261.22 $167.67
Phone $178.6 $175.64

Danbury SnackAbility

8
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
4
Diversity
9.5
Safety
8
Amenities
9
Education
7
Commute
5

Cost Of Living In Cities Around Danbury

The cost of living varies in the cities and towns around Danbury. Here's a quick look at the cost of living in the most populous nearby places:

  • Shelton, CT has a cost of living index of 131, 1.0x Danbury.

  • Jefferson Valley-Yorktown, NY has a cost of living index of 146, 1.1x Danbury.

  • Bethel, CT has a cost of living index of 128, 1.0x Danbury.

City Population Cost Of Living Vs. Danbury
Shelton, CT 40,944 131 1.0x
Jefferson Valley-Yorktown, NY 14,168 146 1.1x
Bethel, CT 11,374 128 1.0x
Mount Kisco, NY 10,904 143 1.1x
Mahopac, NY 8,573 139 1.1x
Lake Carmel, NY 7,854 129 1.0x
Ridgefield, CT 7,216 172 1.3x
New Milford, CT 7,011 115 0.9x

Articles About Connecticut

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