Derby, CT vs Pawcatuck, CT

Derby, CT and Pawcatuck, CT have a very similar cost of living, with only a 1.9% difference in their overall index. Derby scores 99 while Pawcatuck 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 $1,152/month in Pawcatuck — a 26% difference. Interestingly, home values tell a different story: while Pawcatuck has cheaper rent, Derby actually has lower median home values ($242,300 vs $330,700).

Median household income in Derby is $76,263 compared to $75,820 in Pawcatuck (+0.6%). Derby does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Derby spend roughly 22.9% of their income on rent, more than the 18.2% in Pawcatuck.