Cost of Living: Yonkers, NY vs Waterbury, CT (2026)

Yonkers

New York
133
VS

Waterbury

Connecticut
76

Yonkers is 75% more expensive than Waterbury.

$1,730/mo ↑ 47%
Median Rent
$1,180/mo ↓ 32%
$81,816/yr ↑ 58%
Median Income
$51,642/yr ↓ 37%
$478,000 ↑ 158%
Home Value
$185,400 ↓ 61%
$1,759/mo ↑ 38%
Owner Costs
$1,273/mo ↓ 28%
209,529
Population
114,356

Tax Comparison

10.9%
Income Tax
6.99%
4.0%
State Sales Tax
6.35%
1.62%
Property Tax
2.15%

Affordability

25.4%
rent-to-income
Affordability
27.4%
rent-to-income

Detailed Comparison

When comparing Yonkers, NY and Waterbury, CT, the overall cost of living indices are 133 and 76 respectively (national median = 100). Rent is $550/month cheaper in Waterbury, saving renters about $6,600/year.

Median household income is $30,174/year higher in Yonkers. Home values also differ significantly — the median in Yonkers is $478,000 compared to $185,400 in Waterbury.

Connecticut has a lower income tax rate, making Waterbury slightly more tax-friendly.

Frequently Asked Questions

Yonkers vs Waterbury — common questions

Is Yonkers or Waterbury cheaper to live in?
Based on our cost index, Waterbury is cheaper to live in with an index of 76 compared to 133 (US average = 100).
What is the rent difference between Yonkers and Waterbury?
Median rent in Yonkers is $1,730/month and in Waterbury it's $1,180/month — a difference of $550/month.
Which city has higher income, Yonkers or Waterbury?
Median household income is $81,816 in Yonkers and $51,642 in Waterbury. Median household income is $30,174/year higher in Yonkers.
How do taxes compare between New York and Connecticut?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to Yonkers or Waterbury?
It depends on your priorities. Yonkers has a cost index of 133 with median rent of $1,730/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 Yonkers details → View Waterbury details →

More Comparisons

Other cost of living comparisons for Yonkers and Waterbury

Yonkers vs. Fayetteville Yonkers vs. Cape Coral Yonkers vs. Rochester Yonkers vs. Worcester Yonkers vs. Frisco Yonkers vs. Columbus Waterbury vs. Carlsbad Waterbury vs. Provo Waterbury vs. East Los Angeles Waterbury vs. Elgin Waterbury vs. Lowell Waterbury vs. Odessa