Cost of Living in Newington, CT
Population: 30,551 • 2026 Data
$98,585
Median Household Income
+27% vs national
$1,487
Median Monthly Rent
+10% vs national
$279,900
Median Home Value
-17% vs national
3.6%
Unemployment Rate
Housing in Newington
The median home value in Newington, CT is $279,900. Monthly rent for a typical unit averages $1,487, while total monthly housing costs (including utilities and insurance) average $1,621.
Rent-to-income ratio: 18.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Newington, CT is $98,585. The unemployment rate stands at 3.6%, with a labor force of 17,462 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.