CostIndexUSA

Hialeah, FL vs Waterbury, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Hialeah
114.2
overall index
$2,650/mo rent
More AffordableCT
Waterbury
99.8
overall index
$1,325/mo rent

Waterbury is moderately cheaper than Hialeah — 12.6% lower overall cost of living.

To match an $80,000 salary in Hialeah, you would need $69,900 in Waterbury. Calculate your salary ↓

Category Breakdown

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

🏠 Housing42.7%
Hialeah
155.6
Waterbury
89.1
🛒 Groceries6.1%
Hialeah
103.6
Waterbury
97.3
🚗 Transportation5.9%
Hialeah
114.6
Waterbury
107.8
🏥 Healthcare6.0%
Hialeah
103.7
Waterbury
97.5
Utilities+51.9%
Hialeah
97.2
Waterbury
147.6

Salary Equivalency Calculator

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

$
Equivalent salary in Waterbury, CT
$69,900
$10,100 less needed in Waterbury

Formula: salary × (99.8 ÷ 114.2) = salary × 0.8739. Based on BEA Regional Price Parities.

Housing Market

Hialeah, FL

Median Home Price
$467,000
Median Monthly Rent
$2,650
Housing Index
155.6
Price-to-Rent Ratio
14.7×

Waterbury, CT

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

Hialeah has 42.7% lower housing costs compared to Waterbury.

Income & Job Market

Hialeah, FL

Median Household Income
$76,300
Per Capita Income
$43,500
Unemployment Rate
4.1%
Population
233,339
Top Industries
HealthcareRetailManufacturingLogisticsGovernment

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).

Hialeah, FL
2.4×income-to-rent ratio

58% 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.