Cost of Living in Storrs, CT

With a cost of living index of 109, Storrs, CT is somewhat more expensive than average. Living here is 9% more expensive than the national average and 16% below the Connecticut state average of 125. Storrs is a smaller community of 13,502 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Storrs's cost of living. The median monthly rent is $1,612 (22% above the US median of $1,319), and the median home value sits at $304,600 (0% below the national median of $304,900). At current prices, the median home costs roughly 9.2x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Storrs is $33,125, which is 56% lower than the national median of $75,149. Residents spend roughly 58% of household income on rent. This is well above the 30% affordability threshold, indicating a significant housing cost burden for many residents.

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.