CostIndexUSA

Waterbury, CT vs Youngstown, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CT
Waterbury
99.8
overall index
$1,325/mo rent
More AffordableOH
Youngstown
87.4
overall index
$1,025/mo rent

Youngstown is moderately cheaper than Waterbury — 12.4% lower overall cost of living.

To match an $80,000 salary in Waterbury, you would need $70,100 in Youngstown. Calculate your salary ↓

Category Breakdown

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

🏠 Housing40.1%
Waterbury
89.1
Youngstown
53.4
🛒 Groceries3.8%
Waterbury
97.3
Youngstown
93.6
🚗 Transportation3.6%
Waterbury
107.8
Youngstown
103.9
🏥 Healthcare3.6%
Waterbury
97.5
Youngstown
94
Utilities34.8%
Waterbury
147.6
Youngstown
96.3

Salary Equivalency Calculator

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

$
Equivalent salary in Youngstown, OH
$70,100
$9,900 less needed in Youngstown

Formula: salary × (87.4 ÷ 99.8) = salary × 0.8758. Based on BEA Regional Price Parities.

Housing Market

Waterbury, CT

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

Youngstown, OH

Median Home Price
$163,000
Median Monthly Rent
$1,025
Housing Index
53.4
Price-to-Rent Ratio
13.3×

Waterbury has 40.1% lower housing costs compared to Youngstown.

Income & Job Market

Waterbury, CT

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

Youngstown, OH

Median Household Income
$51,400
Per Capita Income
$29,300
Unemployment Rate
4%
Population
60,068
Top Industries
HealthcareManufacturingEducationGovernmentRetail

Affordability at a Glance

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

Waterbury, CT
5.1×income-to-rent ratio

80% of income left after rent (median)

Youngstown, OH
4.2×income-to-rent ratio

76% 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.