CT · Rank 13 of 50 affordable
Can teachers afford to live in Connecticut?
Tight, but workable.
The average Connecticut teacher earns $81,185 per year. A typical 2-bedroom rents for about $2,057/mo, which is 30% of gross monthly pay. The 30% rule is the standard healthy benchmark.
Avg Teacher Salary
$81,185
Cost-of-Living Index
121
US avg = 100
Affordability Score
49/100
Renting in Connecticut
2BR Rent / mo
$2,057
Annual Rent
$24,684
% of Salary
30%
Left after rent
$4,708/mo
Green zone is under the 30% healthy housing benchmark.
Buying a Home in Connecticut
Median Home Price
$508,200
10% Down
$50,820
P&I (7%, 30yr)
$3,043/mo
Full PITI
$3,657/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.