Waterbury, CT Cost of Living (2024): How Expensive Is It?

What Salary Do You Need to Live Comfortably in Waterbury, CT in 2024?

Overall, on average, a gross annual salary of $56,741 is required for an average quality of life in Waterbury, CT.

Is the Cost of Living High in Waterbury, CT?

Waterbury, CT is ranked 92nd out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the cheaper cities in which to live in the U.S. Waterbury, CT's average monthly rent is 38% lower than the U.S. average cost of rent.

Is $50,000 a Good Salary in Waterbury, CT in 2024?

A gross annual salary of $50,000 in Waterbury, CT will yield an average annual net salary of $43,682. Considering that the total average annual cost of living in Waterbury, CT is $42,562, a gross annual salary of $50,000 will be sufficient to cover average living costs.

How Much Should You Pay for Rent in Waterbury, CT?

The average monthly rent in Waterbury, CT in the city center is $1,103 for a 1 bedroom apartment, $1,404 for a 2 bedroom apartment and $1,702 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $900 for a 1 bedroom apartment, $1,207 for a 2 bedroom apartment and $1,607 for a 3 bedroom apartment.