States › Connecticut › Thompsonville

Is Thompsonville, CT expensive to live in?

ExpensiveRent takes 31 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,98213% higher than U.S. average
💵 Families earn per year (2026)$77,442about $6,454/month · 11% lower than U.S. average
🔑 House price$241,60027% lower than U.S. average

Rent is higher than in 68% of U.S. cities. A typical house costs about 3.1 years of household income. Commutes are short, about 18.3 minutes. Most households rent (60%), so there are plenty of rental options.

How much money do I need?

To rent here comfortably, you should earn about $79,280 a year. That is $38 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 38 of 64 cities from cheapest to most expensive.

Thompsonville
$1,982
$3,500+
$2,569

How much do households earn in Thompsonville?

Under $25k
13.3%
$25k–50k
18.5%
$50k–100k
40.7%
$100k–150k
12.8%
$150k+
4.7%

Share of households by yearly income. 17.5% of households earn $100,000 or more.

Rent by apartment size in Thompsonville

SizeThompsonvilleU.S. average
Studio$1,428$1,338
1 bedroom$1,198$1,324
2 bedrooms$1,616$1,509
3 bedrooms$1,832$1,698
4 bedrooms$2,848$2,098

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

How expensive is Thompsonville 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 Thompsonville, so the Connecticut figure is shown.

Taxes and bills in Thompsonville

🏛️ Property tax$5,492a year · 2.27% of home value · U.S. $3,119
⚡ Electric bill$136a month (typical) · U.S. $156

Life in Thompsonville

Commute to work18.3 minU.S.: 26.4 min
College degree24.3%U.S.: 35.7%
Own their home40.3%U.S.: 65.2%
Below poverty line18.7%U.S.: 12.5%
Unemployment6.2%U.S.: 5.2%

Is it cheaper to rent or buy in Thompsonville?

Buying is cheaper month to month: about $306 a month less than renting.

Renting
$1,982
Owning
$1,676

Owning assumes a typical $241,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,160 for the down payment.

Frequently asked questions

What is the average rent in Thompsonville, CT?

Renting in Thompsonville costs a median of about $1,982 a month in 2026, including utilities. The Connecticut median is $1,920.

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

To keep rent under 30% of income, you need about $79,280 a year, or $38 an hour at a full-time job.

Is Thompsonville cheap or expensive?

Thompsonville is rated Expensive: rent takes 30.7% of the typical household income of $77,442. It ranks 38th cheapest of 64 Connecticut cities we track.

How much are property taxes in Thompsonville?

The median homeowner in Thompsonville pays $5,492 a year in property taxes, about 2.27% of the median home value.

Is Thompsonville 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 Thompsonville?

The median home value in Thompsonville is $241,600, about 3.1 times the typical yearly household income.

7,927 people live in Thompsonville. Numbers are typical (middle) values.