Cost of Living in Manchester, CT
Population: 36,561 • 2026 Data
$76,780
Median Household Income
-1% vs national
$1,357
Median Monthly Rent
+1% vs national
$205,800
Median Home Value
-39% vs national
5.4%
Unemployment Rate
Housing in Manchester
The median home value in Manchester, CT is $205,800. Monthly rent for a typical unit averages $1,357, while total monthly housing costs (including utilities and insurance) average $1,472.
Rent-to-income ratio: 21.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Manchester, CT is $76,780. The unemployment rate stands at 5.4%, with a labor force of 20,907 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.