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New Milford, CT vs Weatogue, CT

105
New Milford
Connecticut
VS
-17.9%
128
Weatogue
Connecticut

There is a significant gap in the cost of living between these two cities. New Milford is 17.9% cheaper than Weatogue. With a cost index of 105 vs 128, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Milford to Weatogue should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Milford is $1,422/month compared to $1,938/month in Weatogue — a 27% difference. Home values follow the same pattern: New Milford is more affordable at $326,200 median vs $414,100.

Median household income in New Milford is $81,170 compared to $174,286 in Weatogue (-53.4%). While Weatogue is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Milford spend roughly 21% of their income on rent, more than the 13.3% in Weatogue.

Income & Cost

Cost of Living Index
New Milford
105
18% cheaper
Weatogue
128
Median Household Income
New Milford
$81,170
Weatogue
$174,286
53% higher

Housing

Median Rent
New Milford
$1,422
27% cheaper
Weatogue
$1,938
Median Home Value
New Milford
$326,200
21% cheaper
Weatogue
$414,100
Population
New Milford
7,632
Weatogue
2,851

Salary Equivalency Calculator

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