East Hampton, CT vs New Milford, CT

East Hampton is moderately more affordable than New Milford, with a 6.1% lower cost of living index. East Hampton scores 98 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 East Hampton is $1,239/month compared to $1,422/month in New Milford — a 13% difference. Home values follow the same pattern: East Hampton is more affordable at $315,900 median vs $326,200.

Median household income in East Hampton is $120,875 compared to $81,170 in New Milford (+48.9%). East Hampton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of East Hampton spend roughly 12.3% of their income on rent, less than the 21% in New Milford.