States › Connecticut › Pawcatuck

Is Pawcatuck, CT expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,26128% lower than U.S. average
💵 Families earn per year (2026)$86,403about $7,200/month · 1% lower than U.S. average
🔑 House price$360,6008% higher than U.S. average

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.

Pawcatuck
$1,261
$3,500+
$1,238

How much do households earn in Pawcatuck?

Under $25k
15.1%
$25k–50k
20.9%
$50k–100k
27.6%
$100k–150k
21.9%
$150k+
8.8%

Share of households by yearly income. 30.6% of households earn $100,000 or more.

Rent by apartment size in Pawcatuck

SizePawcatuckU.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).

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 Pawcatuck, so the Connecticut figure is shown.

Taxes and bills in Pawcatuck

🏛️ Property tax$4,276a year · 1.19% of home value · U.S. $3,119
⚡ Electric bill$150a month (typical) · U.S. $156

Life in Pawcatuck

Commute to work23.6 minU.S.: 26.4 min
College degree41.2%U.S.: 35.7%
Own their home58.3%U.S.: 65.2%
Below poverty line14.4%U.S.: 12.5%
Unemployment4.9%U.S.: 5.2%

Is it cheaper to rent or buy in Pawcatuck?

Renting is cheaper right now: about $1,241 a month less.

Renting
$1,261
Owning
$2,502

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.