Cost of Living in Naugatuck Valley Planning Region, Connecticut
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Naugatuck Valley Planning Region Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Naugatuck Valley Planning Region, Connecticut
Valley rents strain income slightly
Naugatuck Valley's 17.9% rent-to-income ratio sits just below Connecticut's state average of 18.1% and remains well within affordability at the national level. With median income of $86,365—above the national median of $74,755—residents here enjoy relative stability, though less cushion than wealthier Connecticut regions.
Moderate affordability in state rankings
Naugatuck Valley ranks in Connecticut's middle tier for housing affordability, with a 17.9% rent-to-income ratio just shy of the state average. Its $1,288 median rent is the lowest among all eight regions, offering budget-conscious renters meaningful savings.
Cheapest rents in west-central region
At $1,288 per month, Naugatuck Valley undercuts the Greater Bridgeport region ($1,482) and Capitol Region ($1,351) by substantial margins—$194 and $63 monthly, respectively. This cost advantage makes it the most rent-friendly option in the west-central corridor.
Budget-friendly housing market
A Naugatuck Valley household earning $86,365 spends approximately $15,431 annually on rent (17.9%) or $20,772 on mortgage costs for a median home valued at $290,800. The lowest rents statewide, combined with moderate incomes, create genuine affordability for working families.
Best rent value in Connecticut
Relocating renters should seriously consider Naugatuck Valley: it offers the state's lowest median rent ($1,288) paired with reasonable incomes and a balanced housing-to-income ratio. Your monthly rent savings compared to nearby Bridgeport ($194) or Capitol Region ($63) add up to real money over a year.
Affordability Calculator
See how your income compares to housing costs in Naugatuck Valley Planning Region
Rent Burden
17.9%
of gross income
Max Housing (28% Rule)
$2,015
per month
Owner Cost Burden
24.1%
of gross income
The median home in Naugatuck Valley Planning Region may be a stretch
Median home value is $290,800. Estimated monthly cost: $2,322 vs. your max of $2,015.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.