Connecticut: RPP components
BEA 2024 regional context; each category is compared with its own U.S. = 100 benchmark. These are not county price estimates or spending shares.
Black marker: U.S. benchmark = 100 in each row.
LivingCostFacts / state
Connecticut has an all-items price parity of 103.6 on the U.S. = 100 scale. Compare the statewide picture with county rents and metro price levels.
BEA 2024 · HUD FY2027 · ACS 2020–2024 · CPI through 2026-10
BEA 2024; U.S. = 100
ACS 2020–2024
Owner-occupied homes, ACS 2020–2024
Population-weighted county FMR, FY2027
Regional Price Parities (RPPs) compare prices across places in the same year. An index of 110 means prices are 10% above the U.S. level; 90 means 10% below. RPP measures relative price levels, while CPI measures price change over time.
BEA 2024 regional context; each category is compared with its own U.S. = 100 benchmark. These are not county price estimates or spending shares.
Black marker: U.S. benchmark = 100 in each row.
Fair Market Rent (FMR) is HUD’s estimate of the 40th percentile gross rent for standard-quality rental homes occupied by recent movers. It includes rent and most tenant-paid utilities. A household’s actual rent can differ substantially by neighborhood, lease and property.
HUD FY2027 gross monthly FMR; includes most tenant-paid utilities. Dollars per month.
Income after benchmark rent is $71,379 a year: ACS median household income minus 12 months of the population-weighted 2BR FMR. This is a comparison between separate datasets and periods, before taxes and all other expenses; it is not disposable income.
BEA RPP, U.S. = 100 each year. This is not an inflation index.
| Period or category | Value |
|---|---|
| 2008 | 110.5 |
| 2009 | 110.7 |
| 2010 | 107.0 |
| 2011 | 107.8 |
| 2012 | 107.6 |
| 2013 | 107.7 |
| 2014 | 107.0 |
| 2015 | 107.5 |
| 2016 | 107.5 |
| 2017 | 107.2 |
| 2018 | 104.0 |
| 2019 | 103.9 |
| 2020 | 105.1 |
| 2021 | 102.9 |
| 2022 | 106.4 |
| 2023 | 104.2 |
| 2024 | 103.6 |
Each category has its own U.S. benchmark of 100. Components are indexes, not spending shares.
| Category | 2024 RPP |
|---|---|
| All items | 103.6 |
| Goods | 97.3 |
| Housing rents | 117.0 |
| Utilities | 146.5 |
| Other services | 102.7 |
HUD 40th percentile gross rent for standard-quality units; includes tenant-paid utilities except telephone, cable and internet. These are benchmarks, not asking-rent medians.
| Home size | FY2027 monthly gross rent |
|---|---|
| Studio | $1,444 |
| 1 bedroom | $1,670 |
| 2 bedrooms | $2,033 |
| 3 bedrooms | $2,480 |
| 4 bedrooms | $2,901 |
Income: ACS 2020–2024. Rent: HUD FY2027. Rent / income = 12 × 2BR FMR ÷ median household income; it does not measure actual renter burden.
| County or equivalent | 2BR rent / month | Median household income | Rent / income |
|---|---|---|---|
| Capitol Planning Region | $1,933 | $93,394 | 24.8% |
| Greater Bridgeport Planning Region | $2,399 | $89,667 | 32.1% |
| Lower Connecticut River Valley Planning Region | $1,933 | $104,428 | 22.2% |
| Naugatuck Valley Planning Region | $1,745 | $86,191 | 24.3% |
| Northeastern Connecticut Planning Region | $1,568 | $90,589 | 20.8% |
| Northwest Hills Planning Region | $1,560 | $93,551 | 20.0% |
| South Central Connecticut Planning Region | $2,091 | $88,197 | 28.4% |
| Southeastern Connecticut Planning Region | $1,902 | $86,586 | 26.4% |
| Western Connecticut Planning Region | $2,399 | $128,188 | 22.5% |
BEA 2024, U.S. = 100. Rent is a population-weighted mean of member-county benchmarks where available.
| Metro area | All-items RPP | Housing RPP | 2BR rent / month |
|---|---|---|---|
| Hartford-West Hartford-East Hartford, CT | 102.7 | 110.2 | $1,933 |
| New Haven, CT | 104.6 | 124.3 | $2,091 |
| Norwich-New London-Willimantic, CT | 100.4 | 93.7 | $1,902 |
| Waterbury-Shelton, CT | 99.8 | 89.1 | $1,745 |