Rent is lower than in 72% of U.S. cities. A typical house costs about 4.2 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $50,440 a year. That is $24 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 5 of 64 cities from cheapest to most expensive.
How much do households earn in Pawcatuck?
Share of households by yearly income. 30.6% of households earn $100,000 or more.
Rent by apartment size in Pawcatuck
| Size | Pawcatuck | U.S. average |
|---|---|---|
| 1 bedroom | $644 | $1,324 |
| 2 bedrooms | $1,277 | $1,509 |
| 3 bedrooms | $1,795 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Pawcatuck 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 Pawcatuck, so the Connecticut figure is shown.
Taxes and bills in Pawcatuck
Life in Pawcatuck
Is it cheaper to rent or buy in Pawcatuck?
Renting is cheaper right now: about $1,241 a month less.
Owning assumes a typical $360,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,060 for the down payment.
Frequently asked questions
What is the average rent in Pawcatuck, CT?
Renting in Pawcatuck costs a median of about $1,261 a month in 2026, including utilities. The Connecticut median is $1,920.
How much do I need to make to live in Pawcatuck?
To keep rent under 30% of income, you need about $50,440 a year, or $24 an hour at a full-time job.
Is Pawcatuck cheap or expensive?
Pawcatuck is rated Cheap: rent takes 17.5% of the typical household income of $86,403. It ranks 5th cheapest of 64 Connecticut cities we track.
How much are property taxes in Pawcatuck?
The median homeowner in Pawcatuck pays $4,276 a year in property taxes, about 1.19% of the median home value.
Is Pawcatuck 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 Pawcatuck?
The median home value in Pawcatuck is $360,600, about 4.2 times the typical yearly household income.
5,577 people live in Pawcatuck. Numbers are typical (middle) values.