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Deep River Center, CT vs New Milford, CT

97
Deep River Center
Connecticut
VS
-7.3%
105
New Milford
Connecticut

Deep River Center is moderately more affordable than New Milford, with a 7.3% lower cost of living index. Deep River Center scores 97 compared to 105 for New Milford, where the US average is 100. This difference means residents of New Milford can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Deep River Center is $1,193/month compared to $1,422/month in New Milford — a 16% difference. Home values follow the same pattern: Deep River Center is more affordable at $317,700 median vs $326,200.

Median household income in Deep River Center is $74,000 compared to $81,170 in New Milford (-8.8%). While New Milford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Deep River Center spend roughly 19.3% of their income on rent, less than the 21% in New Milford.

Income & Cost

Cost of Living Index
Deep River Center
97
7% cheaper
New Milford
105
Median Household Income
Deep River Center
$74,000
New Milford
$81,170
9% higher

Housing

Median Rent
Deep River Center
$1,193
16% cheaper
New Milford
$1,422
Median Home Value
Deep River Center
$317,700
3% cheaper
New Milford
$326,200
Population
Deep River Center
2,636
New Milford
7,632

Salary Equivalency Calculator

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