Cost of Living in Bethlehem Village, CT

With a cost of living index of 98, Bethlehem Village, CT is right around the national average in cost. Living here is 2% cheaper than the national average and 27% below the Connecticut state average of 125. Bethlehem Village is a small community of 2,275 residents.

Housing costs are the biggest factor in Bethlehem Village's cost of living. The median monthly rent is $1,117 (15% below the US median of $1,319), and the median home value sits at $360,300 (18% above the national median of $304,900). At current prices, the median home costs roughly 3.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in Bethlehem Village is $107,838, which is 43% higher than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.