Is Waterbury, CT cheaper than Syracuse, NY?

Based on cost of living data, Waterbury, CT is 12.1% more expensive than Syracuse, NY. This translates to spending an extra $907 per month.

What salary do I need in Waterbury, CT to live like I do in Syracuse, NY?

If you earn $150,000 in Syracuse, NY, you'd need approximately $160,889.871 in Waterbury, CT to maintain the same standard of living.

How does housing cost compare between Syracuse, NY and Waterbury, CT?

Housing in Waterbury, CT is 143.8% more expensive than in Syracuse, NY. For a two-bedroom apartment, rent is $936/month in Waterbury, CT compared to $1,043/month in Syracuse, NY.

How much can I save per month by moving from Syracuse, NY to Waterbury, CT?

Living in Waterbury, CT costs approximately $907 more per month than Syracuse, NY, or $10890 more per year, based on a $150,000 salary.

Syracuse, NY vs Waterbury, CT: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Syracuse, NY

Numbers update automatically as you type

You'd spend $907/month more in Waterbury, CT

$150.0K in your current city equals $160.9K in Waterbury, CT

Rent data from HUD ZIP-level estimates · COL index from Syracuse, NY area

Overall Cost

↑ 12.1%

More expensive

Monthly Impact

$907

Extra cost

Annual Impact

$10.9K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Syracuse, NY

Population:146K

Cost Index:

100

100 = national average

Median Home:$177K

Waterbury, CT

Population:115K

Cost Index:

112

(12% above avg)

Median Home:$268K

Syracuse, NY

The Empire State

146K

Population

State Tax

Yes

Located in New York, this city has a population of 146K residents.

Waterbury, CT

The Constitution State

115K

Population

State Tax

Yes

Located in Connecticut, this city has a population of 115K residents.

Cost Breakdown by Category

Annual spending: Syracuse, NY vs Waterbury, CT

Category	Syracuse, NY	Waterbury, CT	Difference	Change
Housing	$1,809/mo	$4,409/mo	↑ $2,600more	143.8%
Other	$1,800/mo	$1,303/mo	↓ $498less	27.6%
Transportation	$1,421/mo	$1,026/mo	↓ $394less	27.8%
Groceries	$1,036/mo	$932/mo	↓ $104less	10.0%
Healthcare	$648/mo	$550/mo	↓ $97.96less	15.1%
All Utilities	$562/mo	$480/mo	↓ $81.34less	14.5%

Housing

↑ 143.8%

Syracuse, NY

$1,809

Waterbury, CT

$4,409

Difference

$2,600

Other

↓ 27.6%

Syracuse, NY

$1,800

Waterbury, CT

$1,303

Difference

$498

less

Transportation

↓ 27.8%

Syracuse, NY

$1,421

Waterbury, CT

$1,026

Difference

$394

less

Groceries

↓ 10.0%

Syracuse, NY

$1,036

Waterbury, CT

$932

Difference

$104

less

Healthcare

↓ 15.1%

Syracuse, NY

$648

Waterbury, CT

$550

Difference

$97.96

less

All Utilities

↓ 14.5%

Syracuse, NY

$562

Waterbury, CT

$480

Difference

$81.34

less

🏠Rent Comparison

Studio

From$748

To$653

↓ $95.00

1 Bed

From$839

To$757

↓ $82.00

2 Bed

From$1,043

To$936

↓ $107

3 Bed

From$1,269

To$1,157

↓ $112

Syracuse, NYZIP-level data

1BR range: $990–$1,270/mo

Waterbury, CTZIP-level data

1BR range: $1,120–$1,460/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,276

Monthly in Syracuse, NY

$8,701

Monthly in Waterbury, CT

$1,425

Difference

Home Values

Syracuse

Waterbury

$177K

Median Value

$268K

↑ +3.5%

YoY Change

↑ +3.1%

↑ +55.5%

5-Year Change

↑ +84.3%

$138K - $348K

Price Range

$250K - $290K

Homes in Waterbury are 52% more expensive than Syracuse

Calculate payment - Syracuse Calculate payment - Waterbury

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $1.5K

Per year

Monthly Difference

$124

More take-home

Effective Rate Diff

1.0%

Rate difference

Syracuse, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

Waterbury, CT

Federal Income Tax

Effective: 18.9%

$25.5K

Connecticut State Tax

Effective: 5.4%

$8.1K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 30.0%

$45.1K

Take-Home Pay

$8,745/month

$104.9K

Additional Tax Information

Syracuse, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

Waterbury, CT Tax Rates

Sales Tax:6.3%

Property Tax:2.1%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.