Cost of Living in Hartford, CT
Population: 119,970 • 2026 Data
$45,300
Median Household Income
-41% vs national
$1,221
Median Monthly Rent
-9% vs national
$217,200
Median Home Value
-36% vs national
10.6%
Unemployment Rate
Housing in Hartford
The median home value in Hartford, CT is $217,200. Monthly rent for a typical unit averages $1,221, while total monthly housing costs (including utilities and insurance) average $1,279.
Rent-to-income ratio: 32.3%. This exceeds the recommended 30% threshold, indicating housing costs may be a burden for median-income households.
Income and Employment
The median household income in Hartford, CT is $45,300. The unemployment rate stands at 10.6%, with a labor force of 60,411 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.