Cost of Living in Woodbury Center, CT
Population: 1,491 | Connecticut
Woodbury Center is 20% more expensive than the national average.
Cost of Living in Woodbury Center, CT: What You Need to Know
With a cost of living index of 120, Woodbury Center, CT is a notably expensive place to live. Living here is 20% more expensive than the national average and 5% below the Connecticut state average of 125. Woodbury Center is a small community of 1,491 residents.
Housing costs are the biggest factor in Woodbury Center's cost of living. The median monthly rent is $1,707 (29% above the US median of $1,319), and the median home value sits at $410,300 (35% above the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.
The median household income in Woodbury Center is $130,180, which is 73% 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. While incomes are above average, they more than offset the higher cost of living.
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
- $130,180
- vs US Median ($75,149)
- +73%
Housing
- Median Rent
- $1,707/mo
- Median Home Value
- $410,300
- Median Monthly Housing Cost
- $1,739/mo