CostIndexUSA

Washington, DC vs Waterbury, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

DC
Washington
108.9
overall index
$2,325/mo rent
More AffordableCT
Waterbury
99.8
overall index
$1,325/mo rent

Waterbury is moderately cheaper than Washington — 8.4% lower overall cost of living.

To match an $80,000 salary in Washington, you would need $73,300 in Waterbury. Calculate your salary ↓

Category Breakdown

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

🏠 Housing41.0%
Washington
151.1
Waterbury
89.1
🛒 Groceries7.2%
Washington
104.8
Waterbury
97.3
🚗 Transportation≈ Equal
Washington
107.4
Waterbury
107.8
🏥 Healthcare≈ Equal
Washington
97.2
Waterbury
97.5
Utilities+38.3%
Washington
106.7
Waterbury
147.6

Salary Equivalency Calculator

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

$
Equivalent salary in Waterbury, CT
$73,300
$6,700 less needed in Waterbury

Formula: salary × (99.8 ÷ 108.9) = salary × 0.9164. Based on BEA Regional Price Parities.

Housing Market

Washington, DC

Median Home Price
$567,000
Median Monthly Rent
$2,325
Housing Index
151.1
Price-to-Rent Ratio
20.3×

Waterbury, CT

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

Washington has 41.0% lower housing costs compared to Waterbury.

Income & Job Market

Washington, DC

Median Household Income
$121,500
Per Capita Income
$69,300
Unemployment Rate
4%
Population
689,545
Top Industries
GovernmentFinanceTechnologyHealthcareDefense

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).

Washington, DC
4.4×income-to-rent ratio

77% 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.