States › Connecticut › New Britain

Is New Britain, CT expensive to live in?

ExpensiveRent takes 31 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,6526% lower than U.S. average
💵 Families earn per year (2026)$63,214about $5,268/month · 27% lower than U.S. average
🔑 House price$223,60033% lower than U.S. average

Rent is higher than in 50% of U.S. cities. A typical house costs about 3.5 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $66,080 a year. That is $32 an hour at a full-time job.

Is rent cheaper than other Connecticut cities?

Yes. Rent here is cheaper than in most of Connecticut. It is number 21 of 64 cities from cheapest to most expensive.

New Britain
$1,652
$2,440
$1,464
$2,106
$2,488

How much do households earn in New Britain?

Under $25k
19.4%
$25k–50k
25.2%
$50k–100k
30.9%
$100k–150k
11.9%
$150k+
5.7%

Share of households by yearly income. 17.6% of households earn $100,000 or more.

Rent by apartment size in New Britain

SizeNew BritainU.S. average
Studio$918$1,338
1 bedroom$1,053$1,324
2 bedrooms$1,432$1,509
3 bedrooms$1,633$1,698
4 bedrooms$1,815$2,098

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

How expensive is New Britain 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 New Britain, so the Connecticut figure is shown.

Taxes and bills in New Britain

🏛️ Property tax$5,846a year · 2.61% of home value · U.S. $3,119
⚡ Electric bill$140a month (typical) · U.S. $156

Life in New Britain

Commute to work21.5 minU.S.: 26.4 min
College degree19.6%U.S.: 35.7%
Own their home45.1%U.S.: 65.2%
Below poverty line18.1%U.S.: 12.5%
Unemployment7.9%U.S.: 5.2%

Is it cheaper to rent or buy in New Britain?

Buying is cheaper month to month: about $101 a month less than renting.

Renting
$1,652
Owning
$1,551

Owning assumes a typical $223,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,360 for the down payment.

Frequently asked questions

What is the average rent in New Britain, CT?

Renting in New Britain costs a median of about $1,652 a month in 2026, including utilities. The Connecticut median is $1,920.

How much do I need to make to live in New Britain?

To keep rent under 30% of income, you need about $66,080 a year, or $32 an hour at a full-time job.

Is New Britain cheap or expensive?

New Britain is rated Expensive: rent takes 31.4% of the typical household income of $63,214. It ranks 21st cheapest of 64 Connecticut cities we track.

How much are property taxes in New Britain?

The median homeowner in New Britain pays $5,846 a year in property taxes, about 2.61% of the median home value.

Is New Britain 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 New Britain?

The median home value in New Britain is $223,600, about 3.5 times the typical yearly household income.

74,223 people live in New Britain. Numbers are typical (middle) values.