New Haven, CT Cost Of Living

The latest cost of living statistics for New Haven. Includes statistics on rent, mortgages, healthcare, and other costs for New Haven compared to the state and national averages.

Cost of living in New Haven, Connecticut

Cost of living in New Haven 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 New Haven 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:

114 Cost of living index 1.1x higher vs US
#30 Cheapest in Connecticut (of 55)
#3,904 Cheapest in the U.S. (of 6,489)
$326,440 Median home value
$1,488 Median rent
$56,851 Median income
Not sure New Haven fits your budget? Try our place-match quiz →

What is the cost of living in New Haven, CT?

According to the most recent data on the cost of living, New Haven has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.

Compared to Connecticut, New Haven has a cost of living index that's 1.0x lower than Connecticut's index of 116.

The standard of living in New Haven ranks as #30 most affordable out of the 55 places we measured in Connecticut. By definition, that implies New Haven ranks as the #25 most expensive place in the Constitution State.

For more reading on life in New Haven, check out:

New Haven Cost Of Living Vs. Connecticut

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

  • The Services index in New Haven is 103.

  • The Groceries index in New Haven is 114.

  • The Health index in New Haven is 119.

  • The Housing index in New Haven is 111.

  • The Transportation index in New Haven is 110.

  • The Utilities index in New Haven is 114.

Living Expense New Haven Connecticut National Average
Overall 114 116 100
Services 103 107 100
Groceries 114 111 100
Health 119 137 100
Housing 111 108 100
Transportation 110 110 100
Utilities 114 111 100

New Haven Cost Of Living Compared To Connecticut Averages

Services
New Haven 103
Connecticut avg 107
Groceries
New Haven 114
Connecticut avg 111
Health
New Haven 119
Connecticut avg 137
Housing
New Haven 111
Connecticut avg 108
Transportation
New Haven 110
Connecticut avg 110
Utilities
New Haven 114
Connecticut avg 111

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Connecticut, check out:

Protect your home budget Compare home warranties in New Haven Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

New Haven, CT Housing Cost Breakdown

$326,440Median Home Value
$1,488Median Rent
$56,851Median Income

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 2020-2024. The key points are:

  • The Median Home Value in New Haven is $326,440.

  • The Median Rent in New Haven is $1,488.

  • The Median Income in New Haven is $56,851.

  • The Home Value To Income in New Haven is 5.7x.

  • The Rent To Monthly Income in New Haven is 0.31x.

Statistic New Haven Connecticut United States
Median Home Value $326,440 $436,407 $332,700
Median Rent $1,488 $1,488 $1,413
Median Income $56,851 $95,781 $80,734
Home Value To Income 5.7x 4.6x 4.1x
Rent To Monthly Income 0.31x 0.19x 0.21x

New Haven, CT Costs By Category

Detailed New Haven Services costs vs. Connecticut
Item New Haven Connecticut
Shampoo $1.47 $1.28
Movie $15.07 $12.13
Bowling $24.0 $18
Haircut $39.78 $24.26
Beauty Salon $69.0 $45.56
Detailed New Haven Groceries costs vs. Connecticut
Item New Haven Connecticut
Ground Beef $6.28 $5.84
Fried Chicken $1.59 $1.57
Milk $4.83 $4.67
Potatoes $5.03 $4.93
Pizza $13.21 $12.09
Beer $10.53 $10.41
Toothpaste $3.86 $3.7
Detailed New Haven Health costs vs. Connecticut
Item New Haven Connecticut
Optometrist $134.7 $125.68
Doctor $162.26 $135.78
Dentist $136.03 $113.29
Detailed New Haven Transportation costs vs. Connecticut
Item New Haven Connecticut
Gasoline $3.47 $3.46
Tire Balancing $63.33 $59.92
Detailed New Haven Utilities costs vs. Connecticut
Item New Haven Connecticut
All Electricity $296.64 $193.99
Phone $185.16 $192.25

New Haven SnackAbility

5Overall SnackAbility
Jobs 5/10
Housing 8.5/10
Affordability 3/10
Diversity 10/10
Safety 3/10
Amenities 10/10
Education 7/10
Commute 8/10

Cost Of Living In Cities Around New Haven

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

  • West Haven, CT has a cost of living index of 111, 1.0x New Haven.

  • Shelton, CT has a cost of living index of 129, 1.1x New Haven.

  • East Haven, CT has a cost of living index of 112, 1.0x New Haven.

City Population Cost Of Living Vs. New Haven
West Haven, CT 55,351 111 1.0x
Shelton, CT 41,889 129 1.1x
East Haven, CT 27,806 112 1.0x
North Haven, CT 24,336 123 1.1x
Ansonia, CT 19,033 109 1.0x
Wallingford Center, CT 18,208 115 1.0x
Orange, CT 14,315 137 1.2x
Derby, CT 12,487 111 1.0x
Branford Center, CT 6,305 120 1.1x