Naugatuck, CT

Average · 90

Connecticut · Population 31,634 · Updated March 2026

$1,309
Median Rent / Month
$92,184
Median Income
$241,600
Median Home Value
$1,494
Owner Costs / Month

Affordability

How far your income goes in Naugatuck

17.0%
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

$15,708
Annual Rent
$6,444
State Income Tax
$5,194
Property Tax (est.)

Cost of Living Overview

Naugatuck offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 90 (where 100 equals the national median), Naugatuck residents can expect to pay median rent of $1,309/month while earning a median household income of $92,184/year.

The median home value in Naugatuck, CT is $241,600, with typical monthly owner costs around $1,494 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.0% 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 Naugatuck.

Frequently Asked Questions

Common questions about living costs in Naugatuck

What is the cost of living in Naugatuck, CT?
The cost of living index in Naugatuck, CT is 90 (US average = 100). Median monthly rent is $1,309, median household income is $92,184/year, and the median home value is $241,600.
Is Naugatuck, CT affordable?
Yes, Naugatuck is more affordable than the national average with a cost index of 90. The rent-to-income ratio is 17.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Naugatuck, CT?
The median gross rent in Naugatuck, CT is $1,309 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,708.
What is the median household income in Naugatuck?
The median household income in Naugatuck, CT is $92,184 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%.