New Milford, CT vs West Simsbury, CT

There is a significant gap in the cost of living between these two cities. New Milford is 26% cheaper than West Simsbury. With a cost index of 105 vs 142, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Milford to West Simsbury should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Milford is $1,422/month compared to $2,250/month in West Simsbury — a 37% difference. Home values follow the same pattern: New Milford is more affordable at $326,200 median vs $468,400.

Median household income in New Milford is $81,170 compared to $191,042 in West Simsbury (-57.5%). While West Simsbury 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 14.1% in West Simsbury.