CostIndexUSA

Casper, WY vs Waterbury, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWY
Casper
93.8
overall index
$1,225/mo rent
CT
Waterbury
99.8
overall index
$1,325/mo rent

Casper is moderately cheaper than Waterbury — 6.4% lower overall cost of living.

To match an $80,000 salary in Casper, you would need $85,100 in Waterbury. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+20.1%
Casper
74.2
Waterbury
89.1
🛒 Groceries+2.0%
Casper
95.4
Waterbury
97.3
🚗 Transportation+2.3%
Casper
105.4
Waterbury
107.8
🏥 Healthcare+2.2%
Casper
95.4
Waterbury
97.5
Utilities+87.1%
Casper
78.9
Waterbury
147.6

Salary Equivalency Calculator

Enter your current salary in Casper to see what you'd need to earn in Waterbury to maintain the same purchasing power.

$
Equivalent salary in Waterbury, CT
$85,100
$5,100 more needed in Waterbury

Formula: salary × (99.8 ÷ 93.8) = salary × 1.0640. Based on BEA Regional Price Parities.

Housing Market

Casper, WY

Median Home Price
$302,000
Median Monthly Rent
$1,225
Housing Index
74.2
Price-to-Rent Ratio
20.5×

Waterbury, CT

Median Home Price
$420,000
Median Monthly Rent
$1,325
Housing Index
89.1
Price-to-Rent Ratio
26.4×

Waterbury has 20.1% higher housing costs compared to Casper.

Income & Job Market

Casper, WY

Median Household Income
$73,200
Per Capita Income
$41,700
Unemployment Rate
3.2%
Population
59,324
Top Industries
EnergyHealthcareGovernmentRetailManufacturing

Waterbury, CT

Median Household Income
$81,300
Per Capita Income
$46,300
Unemployment Rate
5.3%
Population
114,403
Top Industries
HealthcareManufacturingFinanceEducationGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Casper, WY
5.0×income-to-rent ratio

80% of income left after rent (median)

Waterbury, CT
5.1×income-to-rent ratio

80% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.