Bristol, CT

Average · 91

Connecticut · Population 61,129 · Updated March 2026

$1,305
Median Rent / Month
$83,458
Median Income
$252,300
Median Home Value
$1,492
Owner Costs / Month

Affordability

How far your income goes in Bristol

18.8%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Connecticut

State-level tax rates that affect your costs

6.99%
Income Tax (Top Rate)
6.35%
Sales Tax
2.15%
Property Tax Rate

Estimated Annual Costs

$15,660
Annual Rent
$5,834
State Income Tax
$5,424
Property Tax (est.)

Cost of Living Overview

Bristol offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 91 (where 100 equals the national median), Bristol residents can expect to pay median rent of $1,305/month while earning a median household income of $83,458/year.

The median home value in Bristol, CT is $252,300, with typical monthly owner costs around $1,492 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.8% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Connecticut has a moderate income tax rate of 6.99%. Combined with a 6.35% sales tax rate and 2.15% effective property tax rate, the overall tax environment is a factor in the total cost of living in Bristol.

Frequently Asked Questions

Common questions about living costs in Bristol

What is the cost of living in Bristol, CT?
The cost of living index in Bristol, CT is 91 (US average = 100). Median monthly rent is $1,305, median household income is $83,458/year, and the median home value is $252,300.
Is Bristol, CT affordable?
Yes, Bristol is more affordable than the national average with a cost index of 91. The rent-to-income ratio is 18.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Bristol, CT?
The median gross rent in Bristol, CT is $1,305 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,660.
What is the median household income in Bristol?
The median household income in Bristol, CT is $83,458 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Connecticut?
Connecticut has a top income tax rate of 6.99%, a sales tax of 6.35%, and an effective property tax rate of 2.15%.