Cost of Living in Wauregan, CT

With a cost of living index of 90, Wauregan, CT is slightly more affordable than average. Living here is 10% cheaper than the national average and 35% below the Connecticut state average of 125. Wauregan is a small community of 1,209 residents.

Housing costs are the biggest factor in Wauregan's cost of living. The median monthly rent is $1,175 (11% below the US median of $1,319), and the median home value sits at $240,400 (21% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.

The median household income in Wauregan is $90,625, which is 21% higher than the national median of $75,149. Residents spend roughly 16% 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.