The 10 Cheapest Places To Live In Connecticut For 2019


We used data and science to determine which places in Connecticut go easy on your wallet.

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Editor’s Note: We updated this article for 2019. This is our fourth time ranking the cheapest places to live in Connecticut.

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A wise sage once said:

“She works hard for the money…”

And these places in Connecticut definitely treat her right.

You see, these are the cities and places in Connecticut where the cost of living is the lowest; where your salary goes the furthest. And when if you have the luxury of choosing where to live in the Constitution State, then the cost of living should play a role in the decision.

So we did the hard for you and crunched the numbers to find the cities that have lower food, energy, and housing costs. After the dust settled on our analysis of the 21 largest places in Connecticut, we were left with this set of the best value for your money.

So where is the cheapest place to live in Connecticut? That would be Torrington.

So listen up Stamford (the most expensive place in Connecticut) as we explain how we created this ranking. You could learn some things from the rest of the state.

And if you already knew these places were cheap, check out some more reading about Connecticut and the cheapest places in the country:

The 10 Cheapest Places To Live In Connecticut For 2019

Torrington, CT

Source: Public domain
Overall SnackAbility

8
/10

Population: 35,078
Rank Last Year: 1 (No Change)
Home Price To Income Ratio: 2.6x (1st most affordable)
Income To Rent Ratio: 68.4x (2nd cheapest)
More On Torrington: Homes For Sale | Data | Photos

Torrington is the largest city in Litchfield County, Connecticut and the Litchfield Hills region. It is also the core city of the largest micropolitan area in the United States. The city population was 36,383 according to the 2010 census.

The median income in Torrington comes in at $61,313 and the median home value is $160,200 for 2019.

Naugatuck, CT

Source: Public domain
Overall SnackAbility

8.5
/10

Population: 31,649
Rank Last Year: 2 (No Change)
Home Price To Income Ratio: 2.8x (2nd most affordable)
Income To Rent Ratio: 63.1x (4th cheapest)
More On Naugatuck: Homes For Sale | Data | Photos

Naugatuck is a consolidated borough and town in New Haven County, Connecticut, United States. The town spans both sides of the Naugatuck River just south of Waterbury, and includes the communities of Union City on the east side of the river, which has its own post office, Straitsville on the southeast, and Millville on the west. As of the 2010 census, Naugatuck had a population of 31,862.

The median income in Naugatuck comes in at $63,452 and the median home value is $179,900 for 2019.

Meriden, CT

Overall SnackAbility

8
/10

Population: 60,241
Rank Last Year: 4 (Up 1)
Home Price To Income Ratio: 3.0x (4th most affordable)
Income To Rent Ratio: 58.6x (5th cheapest)
More On Meriden: Homes For Sale | Data | Photos

Meriden is a city in New Haven County, Connecticut, United States, located halfway between the regional cities of New Haven and Hartford. In 2010, the population of the city was 60,868.

The median income in Meriden comes in at $57,350 and the median home value is $173,100 for 2019.

Review Of Meriden by HomeSnacks User

Lived in Meriden 17 years. Moved out finally last June. 2016 I couldn’t be any happier.

Bristol, CT

Source: Public domain
Overall SnackAbility

8.5
/10

Population: 60,498
Rank Last Year: 3 (Down 1)
Home Price To Income Ratio: 2.9x (3rd most affordable)
Income To Rent Ratio: 68.0x (3rd cheapest)
More On Bristol: Homes For Sale | Data | Photos

The median income in Bristol comes in at $64,586 and the median home value is $190,500 for 2019.

Norwich, CT

Source: Public domain
Overall SnackAbility

8
/10

Population: 39,875
Rank Last Year: 5 (No Change)
Home Price To Income Ratio: 3.1x (5th most affordable)
Income To Rent Ratio: 54.0x (9th cheapest)
More On Norwich: Homes For Sale | Data | Photos

Norwich, known as ‘The Rose of New England’, is a city in New London County, Connecticut, United States. The population was 40,493 at the 2010 United States Census. Three rivers, the Yantic, the Shetucket, and the Quinebaug, flow into the city and form its harbor, from which the Thames River flows south to Long Island Sound.

The median income in Norwich comes in at $53,682 and the median home value is $168,200 for 2019.

Waterbury, CT

Overall SnackAbility

5
/10

Population: 109,250
Rank Last Year: 5 (Down 1)
Home Price To Income Ratio: 3.1x (6th most affordable)
Income To Rent Ratio: 44.2x (17th cheapest)
More On Waterbury: Homes For Sale | Data | Photos

Waterbury is a city in the U.S. state of Connecticut on the Naugatuck River, 33 miles southwest of Hartford and 77 miles northeast of New York City. Waterbury is in New Haven County, Connecticut. As of the 2010 census, Waterbury had a population of 110,366, making it the 10th largest city in the New York Metropolitan Area, 9th largest city in New England and the 5th largest city in Connecticut.

The median income in Waterbury comes in at $40,879 and the median home value is $128,600 for 2019.

New Britain, CT

Overall SnackAbility

6
/10

Population: 73,069
Rank Last Year: 8 (Up 1)
Home Price To Income Ratio: 3.6x (12th most affordable)
Income To Rent Ratio: 45.6x (15th cheapest)
More On New Britain: Homes For Sale | Data | Photos

New Britain is a city in Hartford County, Connecticut, United States. It is located approximately 9 miles southwest of Hartford. According to 2010 Census, the population of the city is 73,206.

The median income in New Britain comes in at $43,611 and the median home value is $156,800 for 2019.

Groton, CT

Overall SnackAbility

8.5
/10

Population: 9,184
Rank Last Year: 7 (Down 1)
Home Price To Income Ratio: 3.6x (10th most affordable)
Income To Rent Ratio: 57.3x (7th cheapest)
More On Groton: Homes For Sale | Data | Photos

Groton is a town located on the Thames River in New London County, Connecticut, United States. The population was 40,115 at the 2010 census.

The median income in Groton comes in at $55,567 and the median home value is $197,600 for 2019.

Derby, CT

Source: Public domain
Overall SnackAbility

6
/10

Population: 12,700
Rank Last Year: 11 (Up 3)
Home Price To Income Ratio: 3.4x (7th most affordable)
Income To Rent Ratio: 50.8x (11th cheapest)
More On Derby: Homes For Sale | Data | Photos

Derby is a city in New Haven County, Connecticut, United States. The population was 12,903 at the 2010 census. It is the smallest consolidated city of Connecticut by area and population.

The median income in Derby comes in at $57,432 and the median home value is $194,600 for 2019.

Middletown, CT

Overall SnackAbility

7.5
/10

Population: 46,747
Rank Last Year: 8 (Down 2)
Home Price To Income Ratio: 3.6x (11th most affordable)
Income To Rent Ratio: 58.4x (6th cheapest)
More On Middletown: Homes For Sale | Data | Photos

Middletown is a city located in Middlesex County, Connecticut, along the Connecticut River, in the central part of the state, 16 miles south of Hartford. In 1650, it was incorporated as a town under its original Indian name, Mattabeseck. It received its present name in 1653. Middletown was included within Hartford County upon its creation on May 10, 1666. In 1784, the central settlement was incorporated as a city distinct from the town. Both were included within newly formed Middlesex County in May 1785. In 1923, the City of Middletown was consolidated with the Town, making the city limits of the city quite extensive.

The median income in Middletown comes in at $63,914 and the median home value is $228,500 for 2019.

Review Of Middletown by HomeSnacks User

There is a lot to do in Middletown. There are fireworks over the river around the 4th of July, plenary of places to eat and shop, and plenary of school option.

The food on Main Street is awesome. There are a ton of choices for food. The toy store is also amazing.

How We Determined The Most Affordable Places To Live In The Constitution State For 2019

Map Of The Cheapest Places To Live In Connecticut
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. How much do I have spend to live there?

You need to understand your costs in the context of how much money you make.

For example, if the median household earns $100,000 and spends $40,000 on housing it’s actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.

With that example in mind, we derived several statistics from the latest Census American Community Survey 2013-2017 around incomes and costs. They are:

  • Median Home Price / Median Income (lower is better)
  • Median Income / Median Rent (Higher is better)
  • Median Home Price

We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).

You can then compare these metrics in each of the places in Connecticut to figure out which is the least expensive.

What you are left with is a “Cost of Living Index” by taking the average rank of each of these metrics for each city.

So we used that cost of living index in order to rank all of the 21 places in Connecticut that have more than 9,000 people.

The place with the lowest cost of living in Connecticut according to the data is Torrington.

There You Have It Mr. Or Mrs. Connecticut Cheapskate

If you’re looking at the cost of living numbers in Connecticut, this is an accurate list of the most affordable places to live in connecticut for 2019.

Here’s a look at the most expensive cities in Connecticut according to the data:

  1. Stamford
  2. New Haven
  3. Norwalk

For more Connecticut reading, check out:

Where Are The Most Affordable Places To Live In Connecticut?

Rank City CheapScore Population Home/Income Ratio Income/Rent Ratio
1 Torrington 2.0 35,078 2.6x 68.4x
2 Naugatuck 5.0 31,649 2.8x 63.1x
3 Meriden 5.33 60,241 3.0x 58.6x
4 Bristol 5.67 60,498 2.9x 68.0x
5 Norwich 6.33 39,875 3.1x 54.0x
6 Waterbury 8.0 109,250 3.1x 44.2x
7 New Britain 9.67 73,069 3.6x 45.6x
8 Groton 10.33 9,184 3.6x 57.3x
9 Derby 10.33 12,700 3.4x 50.8x
10 Middletown 11.0 46,747 3.6x 58.4x

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