Derby, CT vs Hazardville, CT

Derby, CT and Hazardville, CT have a very similar cost of living, with only a 2.5% difference in their overall index. Derby scores 99 while Hazardville scores 97 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Derby is $1,453/month compared to $1,407/month in Hazardville — a 3% difference. Home values follow the same pattern: Hazardville is more affordable at $230,400 median vs $242,300.

Median household income in Derby is $76,263 compared to $96,531 in Hazardville (-21%). Hazardville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Derby spend roughly 22.9% of their income on rent, more than the 17.5% in Hazardville.