CostIndexUSA

Portland, OR vs Waterbury, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Portland
105.4
overall index
$1,775/mo rent
More AffordableCT
Waterbury
99.8
overall index
$1,325/mo rent

Waterbury is moderately cheaper than Portland — 5.3% lower overall cost of living.

To match an $80,000 salary in Portland, you would need $75,800 in Waterbury. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing28.8%
Portland
125.1
Waterbury
89.1
🛒 Groceries7.5%
Portland
105.2
Waterbury
97.3
🚗 Transportation+2.6%
Portland
105.1
Waterbury
107.8
🏥 Healthcare+2.5%
Portland
95.1
Waterbury
97.5
Utilities+37.9%
Portland
107
Waterbury
147.6

Salary Equivalency Calculator

Enter your current salary in Portland to see what you'd need to earn in Waterbury to maintain the same purchasing power.

$
Equivalent salary in Waterbury, CT
$75,800
$4,200 less needed in Waterbury

Formula: salary × (99.8 ÷ 105.4) = salary × 0.9469. Based on BEA Regional Price Parities.

Housing Market

Portland, OR

Median Home Price
$536,000
Median Monthly Rent
$1,775
Housing Index
125.1
Price-to-Rent Ratio
25.2×

Waterbury, CT

Median Home Price
$420,000
Median Monthly Rent
$1,325
Housing Index
89.1
Price-to-Rent Ratio
26.4×

Portland has 28.8% lower housing costs compared to Waterbury.

Income & Job Market

Portland, OR

Median Household Income
$94,900
Per Capita Income
$54,100
Unemployment Rate
3.8%
Population
652,503
Top Industries
TechnologyHealthcareManufacturingRetailTourism

Waterbury, CT

Median Household Income
$81,300
Per Capita Income
$46,300
Unemployment Rate
5.3%
Population
114,403
Top Industries
HealthcareManufacturingFinanceEducationGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Portland, OR
4.5×income-to-rent ratio

78% of income left after rent (median)

Waterbury, CT
5.1×income-to-rent ratio

80% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.