States › Connecticut › Torrington

Is Torrington, CT expensive to live in?

OKRent takes 28 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8073% higher than U.S. average
💵 Families earn per year (2026)$76,418about $6,368/month · 12% lower than U.S. average
🔑 House price$215,50035% lower than U.S. average

Rent is higher than in 58% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $72,280 a year. That is $35 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 29 of 64 cities from cheapest to most expensive.

Torrington
$1,807
$1,632
$1,611
$1,664
$2,589

How much do households earn in Torrington?

Under $25k
14.0%
$25k–50k
22.5%
$50k–100k
36.5%
$100k–150k
14.5%
$150k+
7.8%

Share of households by yearly income. 22.3% of households earn $100,000 or more.

Rent by apartment size in Torrington

SizeTorringtonU.S. average
Studio$668$1,338
1 bedroom$1,152$1,324
2 bedrooms$1,330$1,509
3 bedrooms$1,433$1,698
4 bedrooms$1,935$2,098

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

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

Taxes and bills in Torrington

🏛️ Property tax$5,042a year · 2.34% of home value · U.S. $3,119
⚡ Electric bill$171a month (typical) · U.S. $156

Life in Torrington

Commute to work25 minU.S.: 26.4 min
College degree24.8%U.S.: 35.7%
Own their home66.1%U.S.: 65.2%
Below poverty line13.7%U.S.: 12.5%
Unemployment6.8%U.S.: 5.2%

Is it cheaper to rent or buy in Torrington?

Buying is cheaper month to month: about $312 a month less than renting.

Renting
$1,807
Owning
$1,495

Owning assumes a typical $215,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,550 for the down payment.

Frequently asked questions

What is the average rent in Torrington, CT?

Renting in Torrington costs a median of about $1,807 a month in 2026, including utilities. The Connecticut median is $1,920.

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

To keep rent under 30% of income, you need about $72,280 a year, or $35 an hour at a full-time job.

Is Torrington cheap or expensive?

Torrington is rated OK: rent takes 28.4% of the typical household income of $76,418. It ranks 29th cheapest of 64 Connecticut cities we track.

How much are property taxes in Torrington?

The median homeowner in Torrington pays $5,042 a year in property taxes, about 2.34% of the median home value.

Is Torrington 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 Torrington?

The median home value in Torrington is $215,500, about 2.8 times the typical yearly household income.

35,547 people live in Torrington. Numbers are typical (middle) values.