CostIndexUSA

Medford, OR vs Waterbury, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Medford
101.4
overall index
$1,700/mo rent
More AffordableCT
Waterbury
99.8
overall index
$1,325/mo rent

Waterbury is slightly cheaper than Medford — 1.6% lower overall cost of living.

To match an $80,000 salary in Medford, you would need $78,700 in Waterbury. Calculate your salary ↓

Category Breakdown

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

🏠 Housing8.8%
Medford
97.7
Waterbury
89.1
🛒 Groceries7.6%
Medford
105.3
Waterbury
97.3
🚗 Transportation+2.4%
Medford
105.3
Waterbury
107.8
🏥 Healthcare+2.3%
Medford
95.3
Waterbury
97.5
Utilities+44.3%
Medford
102.3
Waterbury
147.6

Salary Equivalency Calculator

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

$
Equivalent salary in Waterbury, CT
$78,700
$1,300 less needed in Waterbury

Formula: salary × (99.8 ÷ 101.4) = salary × 0.9842. Based on BEA Regional Price Parities.

Housing Market

Medford, OR

Median Home Price
$425,000
Median Monthly Rent
$1,700
Housing Index
97.7
Price-to-Rent Ratio
20.8×

Waterbury, CT

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

Medford has 8.8% lower housing costs compared to Waterbury.

Income & Job Market

Medford, OR

Median Household Income
$71,700
Per Capita Income
$40,900
Unemployment Rate
4.3%
Population
85,824
Top Industries
HealthcareAgricultureRetailManufacturingTourism

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).

Medford, OR
3.5×income-to-rent ratio

72% 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.