Cost of Living in Norwalk, CT

Updated November 2026 · Western Connecticut Planning Region · Bridgeport-Stamford-Danbury, CT metro area · population 92,187

Local cost index (CostLiving estimate)
110.1
Much more expensive than the US average
BEA index for the Bridgeport-Stamford-Danbury, CT Metropolitan Statistical Area metro area: 106.9
Monthly budget
$3,590
single adult · $6,474 family of 4
Modelled estimate, before taxes
Median rent
$2,073
per month, gross rent · US $1,413
Median home value
$558,000
US $332,700 · Expensive

Prices in Norwalk are 10.1% above the US average (local index 110.1; the BEA index for the Bridgeport-Stamford-Danbury, CT Metropolitan Statistical Area metro area is 106.9), with local housing the biggest cost driver at 152.9; a single adult's modelled budget is about $3,590 a month and the median rent is $2,073.

Prices by category

CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Norwalk's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for the Bridgeport-Stamford-Danbury, CT Metropolitan Statistical Area metro area, unchanged.

Norwalk price index by category, US average = 100: All items 110.1, Housing (rents) 152.9, Goods 97.3, Utilities 147.1, Other services 102.7

Cheaper than US average More expensive · CostLiving estimate from BEA RPP 2024 and Census ACS rents

It is the 2nd most expensive of the 14 Connecticut cities in our data. More expensive than 76% of the cities we cover.

Official BEA Regional Price Parities for the Bridgeport-Stamford-Danbury, CT Metropolitan Statistical Area metro area. 2024: goods 97.3, housing 150.5, utilities 147.1, other services 102.7.
BEA index201920202021202220232024
All items106.2108.6106.2109.9107.0106.9

Monthly budget by household type

1 adult · 1-bedroom · modelled estimate for Norwalk, CT

CategoryPer monthPer yearShare
Housing (rent) $1,747 $20,964 49%
Utilities $365 $4,380 10%
Food at home $275 $3,300 8%
Transportation $677 $8,124 19%
Health care $361 $4,332 10%
Clothing, personal care & supplies $165 $1,980 5%
Total$3,590$43,080100%

2 adults · 2-bedroom · modelled estimate for Norwalk, CT

CategoryPer monthPer yearShare
Housing (rent) $2,023 $24,276 37%
Utilities $583 $6,996 11%
Food at home $507 $6,084 9%
Transportation $1,342 $16,104 25%
Health care $669 $8,028 12%
Clothing, personal care & supplies $325 $3,900 6%
Total$5,449$65,388100%

2 adults + 2 children · 3-bedroom · modelled estimate for Norwalk, CT

CategoryPer monthPer yearShare
Housing (rent) $2,218 $26,616 34%
Utilities $709 $8,508 11%
Food at home $723 $8,676 11%
Transportation $1,782 $21,384 28%
Health care $623 $7,476 10%
Clothing, personal care & supplies $419 $5,028 6%
Total$6,474$77,688100%

Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.

Housing costs in Norwalk

Rent by number of bedrooms

SizeMedian rent
Studio $1,541
1 bedroom $1,888
2 bedrooms $2,186
3 bedrooms $2,397
4 bedrooms $3,432

Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).

Rent, home values and affordability

MeasureValue
Median gross rent$2,073
Median contract rent (excl. utilities)$1,918
Median home value$558,000
Owner costs with a mortgage$3,179/mo
Median household income$107,616
Rent as % of renter income Expensive31.0%
Home value ÷ household income Expensive5.2×

Census ACS 5-year 2020-2024.

Electricity and gas prices

Residential electricity in Connecticut

24.51¢ per kWh, August 2026

12-month change: −18.8% (from 30.17¢) · US 18.16¢

Aug 2025: 30.17¢/kWh Sep 2025: 30.41¢/kWh Oct 2025: 27.66¢/kWh Nov 2025: 26.97¢/kWh Dec 2025: 25.24¢/kWh Jan 2026: 28.30¢/kWh Feb 2026: 30.77¢/kWh Mar 2026: 30.45¢/kWh Apr 2026: 32.24¢/kWh May 2026: 27.37¢/kWh Jun 2026: 24.32¢/kWh Jul 2026: 24.16¢/kWh Aug 2026: 24.51¢/kWh

Average household uses 702 kWh a month in Connecticut ≈ $192/month. Source: EIA-861M (statewide average).

Regular gasoline regional figure: New England (PADD 1A)

$4.14 per gallon, week of 2026-11-02

12-month change: +41.4% (from $2.93) · US $4.15

2026-05-11: $4.478/gal 2026-05-18: $4.489/gal 2026-05-25: $4.455/gal 2026-06-01: $4.362/gal 2026-06-08: $4.237/gal 2026-06-15: $4.101/gal 2026-06-22: $3.952/gal 2026-06-29: $3.855/gal 2026-07-06: $3.806/gal 2026-07-13: $3.851/gal 2026-07-20: $4.011/gal 2026-07-27: $4.067/gal 2026-08-03: $4.070/gal 2026-08-10: $3.975/gal 2026-08-17: $3.946/gal 2026-08-24: $4.026/gal 2026-08-31: $4.096/gal 2026-09-07: $4.189/gal 2026-09-14: $4.294/gal 2026-09-21: $4.382/gal 2026-09-28: $4.369/gal 2026-10-05: $4.343/gal 2026-10-12: $4.291/gal 2026-10-19: $4.249/gal 2026-10-26: $4.199/gal 2026-11-02: $4.145/gal

EIA weekly retail price survey; Connecticut is covered by the New England (PADD 1A) average.

Inflation in the Northeast

Consumer prices in the Northeast Census region rose +4.2% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.

Salary equivalent

Because prices in Norwalk are 10.1% above the US average, $60,000 here has the buying power of about $54,500 in an average-priced US area.

Same buying power in an average-priced US area$54,500
Needed in Norwalk to match $60,000 in an average-priced US area$66,100

Formula: US-equivalent = salary × 100 ÷ 110.1. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.

Nearby cities

CityDistanceIndexBudget (single)Median rent
Stamford, CT7 mi112.9 $3,772$2,276
Bridgeport, CT13 mi101.7 $2,783$1,450
White Plains, NY18 mi119.7 $3,839$2,269
Milford, CT21 mi110.0 $3,363$1,882
Danbury, CT21 mi107.1 $3,192$1,846
New Rochelle, NY22 mi114.8 $3,544$1,917

Cities with a similar cost of living

CityIndexBudget (single)Median rent
Burien, WA110.1 $3,151$1,782
Auburn, WA110.2 $3,256$1,786
Salinas, CA110.1 $3,462$1,991
Queen Creek, AZ110.0 $3,383$2,210
Naperville, IL110.0 $3,249$1,885
Lincoln, CA109.9 $3,044$2,090

Compare Norwalk with another city

Frequently asked questions

Is Norwalk, CT an expensive place to live?

Norwalk has a local cost of living index of 110.1, which is 10.1% above the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for the Bridgeport-Stamford-Danbury, CT Metropolitan Statistical Area metro area (106.9) and adjusts housing to Norwalk's own rents. It is 6.5 points above the Connecticut average. It is the 2nd most expensive of the 14 Connecticut cities in our data. More expensive than 76% of the cities we cover.

How much money do you need to live in Norwalk?

Our modelled estimate of basic monthly costs is $3,590 for a single adult, $5,449 for a couple and $6,474 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $66,100 in Norwalk.

What is the average rent in Norwalk?

The median gross rent (rent plus tenant-paid utilities) is $2,073 a month (Census ACS 2020-2024). By size: 1 bedroom $1,888, 2 bedrooms $2,186, 3 bedrooms $2,397. The typical renter spends 31.0% of household income on rent (expensive).

How much does a house cost in Norwalk?

The median owner-estimated home value is $558,000, 5.2 times the median household income of $107,616 (expensive). Owners with a mortgage pay a median $3,179 a month in housing costs.

How much is electricity and gas in Norwalk?

Connecticut residential electricity averaged 24.51¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $4.14 a gallon (New England (PADD 1A) average, week of 2026-11-02).

Sources and notes

Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources