Cost of Living in New Britain, CT
Population: 73,301 • 2026 Data
$57,036
Median Household Income
-26% vs national
$1,187
Median Monthly Rent
-12% vs national
$207,300
Median Home Value
-39% vs national
8.1%
Unemployment Rate
Housing in New Britain
The median home value in New Britain, CT is $207,300. Monthly rent for a typical unit averages $1,187, while total monthly housing costs (including utilities and insurance) average $1,280.
Rent-to-income ratio: 25.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in New Britain, CT is $57,036. The unemployment rate stands at 8.1%, with a labor force of 38,563 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.