CT · Rank 5 of 50 affordable
Can teachers afford to live in Connecticut?
Yes — manageable.
The average Connecticut teacher earns $89,593 per year. A typical 2-bedroom rents for about $1,916/mo, which is 26% of gross monthly pay. The 30% rule is the standard healthy benchmark.
Avg Teacher Salary
$89,593
Cost-of-Living Index
112.7
US avg = 100
Affordability Score
64/100
Renting in Connecticut
2BR Rent / mo
$1,916
Annual Rent
$22,991
% of Salary
26%
Left after rent
$5,550/mo
Green zone is under the 30% healthy housing benchmark.
Buying a Home in Connecticut
Median Home Price
$473,340
10% Down
$47,334
P&I (7%, 30yr)
$2,834/mo
Full PITI
$3,406/mo
Estimated mortgage payment as a share of average teacher monthly gross pay, including taxes & insurance.
Estimates assume a 10% down payment, 7% 30-year fixed rate, 1.1% property tax, and 0.35% home insurance. Actual rates and prices vary by district and metro area.