New Milford, CT vs Westport Village, CT

The cost of living difference between New Milford, CT and Westport Village, CT is dramatic. New Milford is 55.4% cheaper than Westport Village, a gap that translates to thousands of dollars per year in household expenses. New Milford has a cost index of 105 while Westport Village sits at 235, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in New Milford is $1,422/month compared to $3,326/month in Westport Village — a 57% difference. Home values follow the same pattern: New Milford is more affordable at $326,200 median vs $1,208,300.

Median household income in New Milford is $81,170 compared to $222,650 in Westport Village (-63.5%). While Westport Village 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 17.9% in Westport Village.