Cost of Living: New Haven, CT vs Richardson, TX (2026)

New Haven

Connecticut
95
VS

Richardson

Texas
128

New Haven is 26% cheaper than Richardson.

$1,442/mo ↓ 21%
Median Rent
$1,825/mo ↑ 27%
$53,771/yr ↓ 44%
Median Income
$96,257/yr ↑ 79%
$249,000 ↓ 39%
Home Value
$405,600 ↑ 63%
$1,520/mo ↓ 15%
Owner Costs
$1,796/mo ↑ 18%
132,893
Population
118,269

Tax Comparison

6.99%
Income Tax
0%
6.35%
State Sales Tax
6.25%
2.15%
Property Tax
1.6%

Affordability

32.2%
rent-to-income
Affordability
22.8%
rent-to-income

Detailed Comparison

When comparing New Haven, CT and Richardson, TX, the overall cost of living indices are 95 and 128 respectively (national median = 100). Rent is $383/month cheaper in New Haven, saving renters about $4,596/year.

Median household income is $42,486/year higher in Richardson. Home values also differ significantly — the median in New Haven is $249,000 compared to $405,600 in Richardson.

Texas has no state income tax, giving Richardson residents a significant tax advantage over Connecticut's 6.99% rate.

Frequently Asked Questions

New Haven vs Richardson — common questions

Is New Haven or Richardson cheaper to live in?
Based on our cost index, New Haven is cheaper to live in with an index of 95 compared to 128 (US average = 100).
What is the rent difference between New Haven and Richardson?
Median rent in New Haven is $1,442/month and in Richardson it's $1,825/month — a difference of $383/month.
Which city has higher income, New Haven or Richardson?
Median household income is $53,771 in New Haven and $96,257 in Richardson. Median household income is $42,486/year higher in Richardson.
How do taxes compare between Connecticut and Texas?
Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to New Haven or Richardson?
It depends on your priorities. New Haven has a cost index of 95 with median rent of $1,442/mo, while Richardson has a cost index of 128 with rent of $1,825/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View New Haven details → View Richardson details →

More Comparisons

Other cost of living comparisons for New Haven and Richardson

New Haven vs. Sterling Heights New Haven vs. Carrollton New Haven vs. Coral Springs New Haven vs. Santa Clara New Haven vs. Midland New Haven vs. Fargo Richardson vs. Billings Richardson vs. Cambridge Richardson vs. Wilmington Richardson vs. North Charleston Richardson vs. Spring Hill Richardson vs. Clearwater