Connecticut · Census, HUD and BEA figures · Updated

Cost of Living in Bridgeport, CT

Prices around Bridgeport, CT run 6.9% above the U.S. average (BEA, the metro area). The typical household there earns $58,685 a year, and HUD puts a two-bedroom at $2,511 a month. Keeping that rent under 30% of income takes about $100,440 a year.

Bridgeport, CT at a glance

Median household income

$58,685$4,890 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$2,511HUD FY2026 Fair Market Rent
Price level (U.S. = 100)106.9+6.9% · BEA, the metro area
Electricity24.3¢per kWh · EIA Residential CT
Population149,153Census ACS 5-year estimate

How much rent can you afford in Bridgeport, CT?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Severe cost burden (> 50%)
HUD Fair Market Rent$2,511Monthly market rent
Share of gross income51.3%Recommended max: 30%
Annual income needed$100,440To meet the 30% standard
Max affordable rent$1,467At 30% of $58,685
0%30% (Affordability standard)100%
Compare against:

How much is rent in Bridgeport, CT? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Bridgeport-Stamford-Danbury, CT MSA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Bridgeport, CT, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,731$20,772$69,24035.4%
1-Bedroom Apartment$2,100$25,200$84,00042.9%
2-Bedroom ApartmentBenchmark$2,511$30,132$100,44051.3%
3-Bedroom Home$3,036$36,432$121,44062.1%
4-Bedroom Home$3,598$43,176$143,92073.6%

Rent in Bridgeport, CT, with the wage each unit needs →

What a typical income covers in Bridgeport, CT

The 50/30/20 rule applied to the local median of $58,685 a year ($4,890 a month before tax).

Needs (50%)$2,445/moRent ($2,511 2-BR), utilities (~$219/mo), groceries, transit
Wants (30%)$1,467/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$978/moEmergency fund, retirement, paying down loans

What $58,685 leaves after Connecticut taxes

Federal income tax, Social Security, Medicare and Connecticut tax on the local median income. Change the salary to see yours.

$58,685
$20,000$120,000
Filing status:
Gross salary breakdown$58,685
Net 80%
Fed 8%
CT 4%
FICA 8%
Annual take-home$47,081After all taxes
Monthly deposit$3,923Estimated per month
Biweekly paycheck$1,811Every 2 weeks (26/yr)
Effective tax rate19.8%Total tax burden
Federal income tax$4,862 / yr
Connecticut state income tax$2,252 / yr
FICA (Social Security & Medicare)$4,489 / yr

Living in Bridgeport, CT: common questions

What is the median household income in Bridgeport, CT?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Bridgeport, CT is $58,685 per year (approximately $4,890 per month).

What is the average rent in Bridgeport, CT?

The closest official figure is HUD's Fair Market Rent for 2026: $1,731 for a studio, $2,100 for one bedroom, $2,511 for two, $3,036 for three and $3,598 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Bridgeport, CT expensive to live in?

Prices there run 6.9% above the U.S. average. BEA's regional price parity for the metro area is 106.9, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Bridgeport, CT?

To keep a $2,511 two-bedroom under 30% of gross income, a household needs about $100,440 a year, or $8,370 a month. That is 171% of what the typical household in Bridgeport, CT earns.

How much do you need to live comfortably in Bridgeport, CT?

On the local median income of $58,685 ($4,890 a month before tax), the 50/30/20 rule leaves $2,445 a month for needs like rent, utilities and groceries, $1,467 for everything else and $978 for savings or debt. A two-bedroom at $2,511 takes 103% of the needs share.

How much is the electric bill in Bridgeport, CT?

Homes in Connecticut paid 24.3¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $219. Your bill depends mostly on heating and cooling.