New Haven, CT Relocation Guide (2026)

Cost of living, housing, and income data for New Haven, sourced from the US Census Bureau.

135,736
Population
$54,305
Median household income
-25% vs tracked median
$236,500
Median home value
-28% vs tracked median
$1,402/mo
Median rent
+0% vs tracked median

Source: US Census Bureau ACS 5-Year (2022). Last updated July 2026.

New Haven, Connecticut is home to roughly 135,736 residents. The typical household earns $54,305 per year — below the median across cities we track (-25%).

Housing costs are a defining factor for anyone relocating here. The median home value sits at $236,500 (below the multi-city median at -28%), while renters pay a median of $1,402 per month. Buyers should weigh current mortgage rates and local property taxes against these figures before committing.

Cost of housing in New Haven

Median home value is $236,500 and median gross rent is $1,402/month. For buyers, monthly costs depend heavily on current mortgage rates — worth checking before you commit.

Walkability & transit

Walkability data (Walk Score) will appear here once enrichment is run for New Haven.

Climate & home insurance

Climate and flood-risk data (FEMA National Risk Index) will appear here once enrichment is run. Home insurance costs vary widely by region and risk profile.

Moving to New Haven

Planning a move to New Haven? Compare licensed movers and get quotes based on your origin and move date.

Frequently asked questions

What is the cost of living in New Haven, CT?
In New Haven, the median home value is $236,500 and median rent is $1,402 per month, against a median household income of $54,305. These figures come from the US Census Bureau ACS 5-Year (2022).
How much do you need to earn to live comfortably in New Haven?
A common guideline is that rent should stay under 30% of gross income. With median rent at $1,402/month, that implies an income of about $56,080 to keep housing affordable in New Haven.
Is it better to rent or buy in New Haven?
With a median home value of $236,500 and median rent of $1,402/month, the buy-vs-rent decision in New Haven depends on how long you plan to stay, current mortgage rates, and your down payment. Compare monthly mortgage estimates against the rent figure above.

Compare New Haven to similar cities