States › Connecticut › Winsted

Is Winsted, CT expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,49015% lower than U.S. average
💵 Families earn per year (2026)$69,963about $5,830/month · 20% lower than U.S. average
🔑 House price$218,90034% lower than U.S. average

Rent is lower than in 58% of U.S. cities. A typical house costs about 3.1 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $59,600 a year. That is $29 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 9 of 64 cities from cheapest to most expensive.

Winsted
$1,490
Ridgefield
$2,434
Old Greenwich
$3,500+
New Canaan
$3,500+
Rockville
$1,177
Putnam
$1,287
Glastonbury Center
$2,467

How much do households earn in Winsted?

Under $25k
16.0%
$25k–50k
18.1%
$50k–100k
40.4%
$100k–150k
9.2%
$150k+
6.3%

Share of households by yearly income. 15.5% of households earn $100,000 or more.

Rent by apartment size in Winsted

SizeWinstedU.S. average
Studio$936$1,338
1 bedroom$1,188$1,324
2 bedrooms$1,388$1,509
3 bedrooms$1,824$1,698

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

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

Taxes and bills in Winsted

🏛️ Property tax$3,754a year · 1.71% of home value · U.S. $3,119
⚡ Electric bill$183a month (typical) · U.S. $156

Life in Winsted

Commute to work25.3 minU.S.: 26.4 min
College degree26.8%U.S.: 35.7%
Own their home54.7%U.S.: 65.2%
Below poverty line15.9%U.S.: 12.5%
Unemployment3.9%U.S.: 5.2%

Is it cheaper to rent or buy in Winsted?

About the same. Renting and owning cost within $29 of each other each month.

Renting
$1,490
Owning
$1,519

Owning assumes a typical $218,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,890 for the down payment.

Frequently asked questions

What is the average rent in Winsted, CT?

Renting in Winsted costs a median of about $1,490 a month in 2026, including utilities. The Connecticut median is $1,920.

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

To keep rent under 30% of income, you need about $59,600 a year, or $29 an hour at a full-time job.

Is Winsted cheap or expensive?

Winsted is rated OK: rent takes 25.6% of the typical household income of $69,963. It ranks 9th cheapest of 64 Connecticut cities we track.

How much are property taxes in Winsted?

The median homeowner in Winsted pays $3,754 a year in property taxes, about 1.71% of the median home value.

Is Winsted 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 Winsted?

The median home value in Winsted is $218,900, about 3.1 times the typical yearly household income.

6,977 people live in Winsted. Numbers are typical (middle) values.