States › Connecticut › Groton

Is Groton, CT expensive to live in?

OKRent takes 27 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,9209% higher than U.S. average
💵 Families earn per year (2026)$85,824about $7,152/month · 1% lower than U.S. average
🔑 House price$306,6008% lower than U.S. average

Rent is higher than in 65% of U.S. cities. A typical house costs about 3.6 years of household income. Commutes are short, about 17.5 minutes.

How much money do I need?

To rent here comfortably, you should earn about $76,800 a year. That is $37 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 33 of 64 cities from cheapest to most expensive.

Groton
$1,920
Oakville
$1,560
Sandy Hook
$2,000
Kensington
$1,491
Riverside
$3,500+
Trumbull Center
$2,543
Long Hill
$2,154

How much do households earn in Groton?

Under $25k
13.8%
$25k–50k
14.3%
$50k–100k
38.6%
$100k–150k
14.7%
$150k+
10.0%

Share of households by yearly income. 24.8% of households earn $100,000 or more.

Rent by apartment size in Groton

SizeGrotonU.S. average
1 bedroom$1,249$1,324
2 bedrooms$1,477$1,509
3 bedrooms$1,886$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Groton overall?

Everyday prices in Connecticut overall are 4% above the U.S. average (index 103.6, U.S. = 100).

Housing
117
Goods (food, clothes…)
97
Utilities
146
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Groton, so the Connecticut figure is shown.

Taxes and bills in Groton

🏛️ Property tax$4,411a year · 1.44% of home value · U.S. $3,119
⚡ Electric bill$126a month (typical) · U.S. $156

Life in Groton

Commute to work17.5 minU.S.: 26.4 min
College degree38.8%U.S.: 35.7%
Own their home45.4%U.S.: 65.2%
Below poverty line18.6%U.S.: 12.5%
Unemployment6%U.S.: 5.2%

Is it cheaper to rent or buy in Groton?

Renting is cheaper right now: about $207 a month less.

Renting
$1,920
Owning
$2,127

Owning assumes a typical $306,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $30,660 for the down payment.

Frequently asked questions

What is the average rent in Groton, CT?

Renting in Groton costs a median of about $1,920 a month in 2026, including utilities. The Connecticut median is $1,920.

How much do I need to make to live in Groton?

To keep rent under 30% of income, you need about $76,800 a year, or $37 an hour at a full-time job.

Is Groton cheap or expensive?

Groton is rated OK: rent takes 26.8% of the typical household income of $85,824. It ranks 33rd cheapest of 64 Connecticut cities we track.

How much are property taxes in Groton?

The median homeowner in Groton pays $4,411 a year in property taxes, about 1.44% of the median home value.

Is Groton 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 Groton?

The median home value in Groton is $306,600, about 3.6 times the typical yearly household income.

9,490 people live in Groton. Numbers are typical (middle) values.