Cost of Living in Clinton, CT
Population: 3,547 | Connecticut
Clinton is 6% more expensive than the national average.
Cost of Living in Clinton, CT: What You Need to Know
With a cost of living index of 106, Clinton, CT is somewhat more expensive than average. Living here is 6% more expensive than the national average and 19% below the Connecticut state average of 125. Clinton is a small community of 3,547 residents.
Housing costs are the biggest factor in Clinton's cost of living. The median monthly rent is $1,408 (7% above the US median of $1,319), and the median home value sits at $344,200 (13% above the national median of $304,900). At current prices, the median home costs roughly 4.1x the median household income — a moderately affordable ratio by today's standards.
The median household income in Clinton is $83,333, which is 11% higher than the national median of $75,149. Residents spend roughly 20% 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.
Income
- Median Household Income
- $83,333
- vs US Median ($75,149)
- +11%
Housing
- Median Rent
- $1,408/mo
- Median Home Value
- $344,200
- Median Monthly Housing Cost
- $1,491/mo