Bridgeport-Stamford-Danbury, CT vs New Haven, CT
A 2-bedroom in New Haven costs $542 less per month than Bridgeport-Stamford-Danbury ($1,969 vs $2,511). Median income is $111,656 in Bridgeport-Stamford-Danbury and $86,266 in New Haven. That's a difference of $6,504 per year in housing costs.
Side-by-Side Comparison
| Metric | Bridgeport-Stamford-Danbury | New Haven |
|---|---|---|
| Studio FMR | $1,731 | $1,372 |
| 1BR FMR | $2,100 | $1,591 |
| 2BR FMR | $2,511 | $1,969 |
| 3BR FMR | $3,036 | $2,433 |
| 4BR FMR | $3,598 | $2,872 |
| Median Income | $111,656 | $86,266 |
| Rent Burden | 27% | 27.4% |
| Actual Median Rent | $1,827 | $1,463 |
| Median Home Value | $530,800 | $328,300 |
| Population | 948K | 567K |
| Renter % | 34.1% | 39.4% |
| Vacancy Rate | 6.7% | 7.9% |
| Poverty Rate | 9.4% | 11.6% |
| Min Wage | $16.35/hr | $16.35/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
New Haven, CT is more affordable with a 2BR FMR of $1,969/mo, which is $542 less than Bridgeport-Stamford-Danbury at $2,511/mo. However, when considering local incomes, Bridgeport-Stamford-Danbury has a rent burden of 27% vs 27.4% in New Haven.
A 2-bedroom in Bridgeport-Stamford-Danbury, CT costs $2,511/mo at Fair Market Rent, while in New Haven, CT it's $1,969/mo, a difference of $542/mo or $6,504/year.
To afford a 2BR without spending more than 30% of income on rent: Bridgeport-Stamford-Danbury requires $100,440/year ($48/hr). New Haven requires $78,760/year ($38/hr).