South Windham, CT vs Waterford, CT

South Windham is moderately more affordable than Waterford, with a 14.2% lower cost of living index. South Windham scores 89 compared to 104 for Waterford, where the US average is 100. This difference means residents of Waterford can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in South Windham is $1,207/month compared to $1,618/month in Waterford — a 25% difference. Home values follow the same pattern: South Windham is more affordable at $217,700 median vs $245,600.

Median household income in South Windham is $72,917 compared to $75,968 in Waterford (-4%). Waterford 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 South Windham spend roughly 19.9% of their income on rent, less than the 25.6% in Waterford.