salaryRent here is among the highest 10% in the country. Household incomes are higher than in 88% of U.S. cities. A typical house costs about 10.4 years of household income, so buying is hard for most locals. It is a highly educated city: 70.3% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $146,720 a year. That is $71 an hour at a full-time job.
Is rent cheaper than other Connecticut cities?
No. Rent here is more expensive than in most of Connecticut. It is number 64 of 64 cities from cheapest to most expensive.
How much do households earn in Greenwich?
Share of households by yearly income. 53.3% of households earn $100,000 or more.
Rent by apartment size in Greenwich
| Size | Greenwich | U.S. average |
|---|---|---|
| Studio | $616 | $1,338 |
| 1 bedroom | $1,927 | $1,324 |
| 2 bedrooms | $2,450 | $1,509 |
| 3 bedrooms | $2,803 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Greenwich overall?
Everyday prices in Connecticut overall are 4% above the U.S. average (index 103.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Greenwich, so the Connecticut figure is shown.
Taxes and bills in Greenwich
Life in Greenwich
Is it cheaper to rent or buy in Greenwich?
Renting is cheaper right now: about $6,849 a month less.
Owning assumes a typical $1,515,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $151,570 for the down payment.
Frequently asked questions
What is the average rent in Greenwich, CT?
Renting in Greenwich costs a median of about $3,668 a month in 2026, including utilities. The Connecticut median is $1,920.
How much do I need to make to live in Greenwich?
To keep rent under 30% of income, you need about $146,720 a year, or $71 an hour at a full-time job.
Is Greenwich cheap or expensive?
Greenwich is rated Expensive: rent takes 30.3% of the typical household income of $145,505. It ranks 64th cheapest of 64 Connecticut cities we track.
How much are property taxes in Greenwich?
The median homeowner in Greenwich pays $10,000+ a year in property taxes, about 0.66% of the median home value.
Is Greenwich more expensive than the national average?
Overall prices in Connecticut are 4% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Greenwich?
The median home value in Greenwich is $1,515,700, about 10.4 times the typical yearly household income.
14,792 people live in Greenwich. Numbers are typical (middle) values.