Hartford, Connecticut has an overall cost of living index of 92.5, which is 7.5 points below the US average of 100 — making it more affordable than most American cities. Renters pay a median of $1,221 per month, while the typical home is valued around $217,200. Households earn a median of $45,300 per year, so rent absorbs a relatively high share of local income. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$45,300
Annual · Census ACS
Median Gross Rent
$1,221
Per month · Census ACS
Median Home Value
$217,200
Census ACS
Cost of Living Index
92.5
BEA RPP · US avg = 100
Studio FMR
$1,286
HUD Fair Market Rent
1BR Fair Market Rent
$1,477
HUD FMR
2BR Fair Market Rent
$1,865
HUD FMR
3BR Fair Market Rent
$2,236
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
Each category is indexed to the US average of 100. Below 100 = cheaper than average.
Overall
92.5
Goods
95.6
Rents / Housing
71.1
Services
83.0
Source: BEA Regional Price Parities (metro-level)
State Income Tax
6.99%
Top marginal rate
State Sales Tax
6.35%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | $120,000 |
| 🏥Registered Nurse | $84,430 |
| 📚Elementary Teacher | $54,370 |
| ⚡Electrician | $53,550 |
| 📊Accountant | $83,440 |
Source: BLS OEWS 2023 (metro-level data)
Population
119,970
Latest estimate
Median Age
33.4 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for Hartford?
Hartford has a Regional Price Parity (RPP) index of 92.5. The US national average is 100, so Hartford is 7.5 points below the national average.
What is the median rent in Hartford?
The median gross rent in Hartford is $1,221 per month according to US Census ACS data.
What is the median household income in Hartford?
The median household income in Hartford is $45,300 per year.
What is the median home value in Hartford?
The median home value in Hartford is $217,200 based on the latest Census ACS survey.
How is the air quality in Hartford?
Air quality data for Hartford is not yet available.
What are the taxes like in Hartford?
Connecticut has a top state income tax rate of 6.99% and a statewide sales tax of 6.35% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology