Cost of living in Hartford 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 Hartford 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 Hartford is 107, with 100 being the average.
The cost of living index in Hartford is 1.1x higher than the national average.
Hartford ranks as the #4 cheapest in Connecticut out of 55.
Hartford ranks as the #3,867 cheapest out of 6,412 in the US.
The median home value in Hartford is $172,100.
The median income in Hartford is $37,477.
According to the most recent data on the cost of living, Hartford has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Connecticut, Hartford has a cost of living index that's 0.9x lower than Connecticut's index of 114.
The standard of living in Hartford ranks as #4 most affordable out of the 55 places we measured in Connecticut. By definition, that implies Hartford ranks as the #51 most expensive place in the Constitution State.
For more reading on life in Hartford, check out:
Six factors go into calculating the cost of living index in Hartford. Here is how it fairs on each of the criteria:
The Services index in Hartford is 119.
The Groceries index in Hartford is 103.
The Health index in Hartford is 105.
The Housing index in Hartford is 87.
The Transportation index in Hartford is 110.
The Utilities index in Hartford is 125.
Living Expense | Hartford | Connecticut | National Average | |
---|---|---|---|---|
Overall | 107 | 114 | 100 | |
Services | 119 | 113 | 100 | |
Groceries | 103 | 101 | 100 | |
Health | 105 | 107 | 100 | |
Housing | 87 | 123 | 100 | |
Transportation | 110 | 104 | 100 | |
Utilities | 125 | 127 | 100 |
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 Hartford is $172,100.
The Median Rent in Hartford is $1,057.
The Median Income in Hartford is $37,477.
The Home Value To Income in Hartford is 4.6x.
The Rent To Monthly Income in Hartford is 0.34x.
Statistic | Hartford | Connecticut | United States |
---|---|---|---|
Median Home Value | $172,100 | $286,700 | $244,900 |
Median Rent | $1,057 | $1,260 | $1,163 |
Median Income | $37,477 | $83,572 | $69,021 |
Home Value To Income | 4.6x | 3.4x | 3.5x |
Rent To Monthly Income | 0.34x | 0.18x | 0.2x |
Item | Hartford | Connecticut |
---|---|---|
Shampoo | $0.95 | $1.06 |
Movie | $12.64 | $10.68 |
Bowling | $18.88 | $14.67 |
Haircut | $30.29 | $18.62 |
Beauty Salon | $49.75 | $39.05 |
Item | Hartford | Connecticut |
---|---|---|
Ground Beef | $4.34 | $4.22 |
Fried Chicken | $1.41 | $1.39 |
Milk | $2.39 | $2.05 |
Potatoes | $3.92 | $3.29 |
Pizza | $9.81 | $10.62 |
Beer | $11.01 | $9.38 |
Toothpaste | $2.06 | $2.34 |
Item | Hartford | Connecticut |
---|---|---|
Optometrist | $154.87 | $108.57 |
Doctor | $115.5 | $116.17 |
Dentist | $104.4 | $99.13 |
Item | Hartford | Connecticut |
---|---|---|
Gasoline | $2.31 | $2.22 |
Tire Balancing | $58.77 | $50.07 |
Item | Hartford | Connecticut |
---|---|---|
All Electricity | $240.4 | $167.67 |
Phone | $178.6 | $175.64 |
The cost of living varies in the cities and towns around Hartford. Here's a quick look at the cost of living in the most populous nearby places:
New Britain, CT has a cost of living index of 108, 1.0x Hartford.
West Hartford, CT has a cost of living index of 129, 1.2x Hartford.
East Hartford, CT has a cost of living index of 110, 1.0x Hartford.
City | Population | Cost Of Living | Vs. Hartford |
---|---|---|---|
New Britain, CT | 74,022 | 108 | 1.0x |
West Hartford, CT | 64,034 | 129 | 1.2x |
East Hartford, CT | 50,971 | 110 | 1.0x |
Manchester, CT | 36,832 | 112 | 1.0x |
Newington, CT | 30,493 | 118 | 1.1x |
Wethersfield, CT | 27,162 | 119 | 1.1x |
Windsor Locks, CT | 12,559 | 115 | 1.1x |
Kensington, CT | 9,626 | 121 | 1.1x |
Glastonbury Center, CT | 8,187 | 124 | 1.2x |
Southwood Acres, CT | 7,875 | 115 | 1.1x |