Bethel, CT vs New Milford, CT

New Milford is moderately more affordable than Bethel, with a 5.4% lower cost of living index. Bethel scores 111 compared to 105 for New Milford, where the US average is 100. This difference means residents of Bethel can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bethel is $1,471/month compared to $1,422/month in New Milford — a 3% difference. Home values follow the same pattern: New Milford is more affordable at $326,200 median vs $377,500.

Median household income in Bethel is $88,344 compared to $81,170 in New Milford (+8.8%). While Bethel is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bethel spend roughly 20% of their income on rent, less than the 21% in New Milford.