Cost of Living in Northwest Hills Planning Region, Connecticut

$1,169/mo

Median Monthly Rent

$311,700

Median Home Value

17% below state averageUnaffordable

At a Glance

Median Monthly Rent

$1,169/mo

17% below state average

Median Home Value

$311,700

11% above national

Rent-to-Income Ratio

27.0%

% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating

Unaffordable

Rent over 50% of income

How Northwest Hills Planning Region Compares

Median monthly rent comparison

Northwest Hills Planning Region$1,169/mo

Connecticut Average$1,409/mo

National Median$1,163/mo

Detailed Housing Stats

$1,169/mo

Median Gross Rent

$311,700

Median Home Value

$1,646/mo

Monthly Owner Cost

27.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Northwest Hills Planning Region, Connecticut

Hills region offers strong affordability

Northwest Hills residents enjoy the second-best rent-to-income ratio across Connecticut at 15.4%, well below the national affordability threshold and among the most favorable in New England. With median income of $91,035 exceeding the national average of $74,755, housing costs remain well-managed for households here.

Second-best housing affordability statewide

Northwest Hills ranks second in Connecticut for affordability with a 15.4% rent-to-income ratio, bested only by Northeastern Connecticut's 15.8%. At $1,169 monthly rent, the region ties for second-lowest in the state, reflecting its cost-conscious positioning.

Affordable alternative in northwest corridor

Northwest Hills' $1,169 rent rivals Northeastern Connecticut's $1,153 and substantially undercuts the Capitol Region ($1,351) and Greater Bridgeport ($1,482) to its east. This makes it the cost leader in the state's northwestern corridor.

Income supports modest housing costs

A Northwest Hills household earning $91,035 spends approximately $13,982 annually on rent (15.4%) or $19,752 on mortgage costs for a median home valued at $311,700. The region balances above-average income with some of Connecticut's lowest rents, creating substantial household financial flexibility.

Rural charm meets affordability

Northwest Hills appeals to relocators seeking rural character combined with Connecticut affordability: only Northeastern Connecticut beats its housing cost ratio, and both offer measurable savings versus the state's western and southern regions. Your housing budget stretches further here without sacrificing income potential.

Affordability Calculator

See how your income compares to housing costs in Northwest Hills Planning Region

Your Annual Household Income

Rent Burden

15.4%

of gross income

Max Housing (28% Rule)

$2,124

per month

Owner Cost Burden

21.7%

of gross income

The median home in Northwest Hills Planning Region may be a stretch

Median home value is $311,700. Estimated monthly cost: $2,488 vs. your max of $2,124.

Rent Affordability Guide

Your rent-to-income ratio15.4%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Northwest Hills Planning Region, Connecticut?

Northwest Hills Planning Region, Connecticut has a median monthly rent of $1,169/mo and a median home value of $311,700. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.

What is the median rent in Northwest Hills Planning Region?

The median gross rent in Northwest Hills Planning Region is $1,169/mo. This is 17% below state average for Connecticut.

Is Northwest Hills Planning Region affordable?

Northwest Hills Planning Region is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Northwest Hills Planning Region's rent compare to the state average?

Northwest Hills Planning Region's median rent of $1,169/mo is 17% below state average of $1,409/mo for Connecticut.

What is the median home value in Northwest Hills Planning Region?

The median home value in Northwest Hills Planning Region, Connecticut is $311,700. This is 11% above the national median home value of $281,900.