Cost of Living in Norwich, CT
Population: 39,992 • 2026 Data
$64,185
Median Household Income
-17% vs national
$1,203
Median Monthly Rent
-11% vs national
$231,300
Median Home Value
-32% vs national
7.0%
Unemployment Rate
Housing in Norwich
The median home value in Norwich, CT is $231,300. Monthly rent for a typical unit averages $1,203, while total monthly housing costs (including utilities and insurance) average $1,279.
Rent-to-income ratio: 22.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Norwich, CT is $64,185. The unemployment rate stands at 7.0%, with a labor force of 21,001 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.