CostIndexUSA

Flint, MI vs Waterbury, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMI
Flint
93
overall index
$1,075/mo rent
CT
Waterbury
99.8
overall index
$1,325/mo rent

Flint is moderately cheaper than Waterbury — 7.3% lower overall cost of living.

To match an $80,000 salary in Flint, you would need $85,800 in Waterbury. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+20.4%
Flint
74
Waterbury
89.1
🛒 Groceries+3.8%
Flint
93.7
Waterbury
97.3
🚗 Transportation+3.2%
Flint
104.5
Waterbury
107.8
🏥 Healthcare+3.1%
Flint
94.6
Waterbury
97.5
Utilities+52.0%
Flint
97.1
Waterbury
147.6

Salary Equivalency Calculator

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

$
Equivalent salary in Waterbury, CT
$85,800
$5,800 more needed in Waterbury

Formula: salary × (99.8 ÷ 93) = salary × 1.0731. Based on BEA Regional Price Parities.

Housing Market

Flint, MI

Median Home Price
$183,000
Median Monthly Rent
$1,075
Housing Index
74
Price-to-Rent Ratio
14.2×

Waterbury, CT

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

Waterbury has 20.4% higher housing costs compared to Flint.

Income & Job Market

Flint, MI

Median Household Income
$60,000
Per Capita Income
$34,200
Unemployment Rate
6.9%
Population
81,252
Top Industries
HealthcareManufacturingEducationGovernmentRetail

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).

Flint, MI
4.7×income-to-rent ratio

79% 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.