Cost of Living: Westminster, CO vs Waterbury, CT (2026)

Westminster

Colorado
139
VS

Waterbury

Connecticut
76

Westminster is 83% more expensive than Waterbury.

$1,816/mo ↑ 54%
Median Rent
$1,180/mo ↓ 35%
$96,145/yr ↑ 86%
Median Income
$51,642/yr ↓ 46%
$497,400 ↑ 168%
Home Value
$185,400 ↓ 63%
$1,841/mo ↑ 45%
Owner Costs
$1,273/mo ↓ 31%
115,546
Population
114,356

Tax Comparison

4.4%
Income Tax
6.99%
2.9%
State Sales Tax
6.35%
0.51%
Property Tax
2.15%

Affordability

22.7%
rent-to-income
Affordability
27.4%
rent-to-income

Detailed Comparison

When comparing Westminster, CO and Waterbury, CT, the overall cost of living indices are 139 and 76 respectively (national median = 100). Rent is $636/month cheaper in Waterbury, saving renters about $7,632/year.

Median household income is $44,503/year higher in Westminster. Home values also differ significantly — the median in Westminster is $497,400 compared to $185,400 in Waterbury.

Colorado has a lower income tax rate, making Westminster slightly more tax-friendly.

Frequently Asked Questions

Westminster vs Waterbury — common questions

Is Westminster or Waterbury cheaper to live in?
Based on our cost index, Waterbury is cheaper to live in with an index of 76 compared to 139 (US average = 100).
What is the rent difference between Westminster and Waterbury?
Median rent in Westminster is $1,816/month and in Waterbury it's $1,180/month — a difference of $636/month.
Which city has higher income, Westminster or Waterbury?
Median household income is $96,145 in Westminster and $51,642 in Waterbury. Median household income is $44,503/year higher in Westminster.
How do taxes compare between Colorado and Connecticut?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to Westminster or Waterbury?
It depends on your priorities. Westminster has a cost index of 139 with median rent of $1,816/mo, while Waterbury has a cost index of 76 with rent of $1,180/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Westminster details → View Waterbury details →

More Comparisons

Other cost of living comparisons for Westminster and Waterbury

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