Connecticut · Census, HUD and BEA figures · Updated

Cost of Living in Stamford, CT

Prices around Stamford, CT run 6.9% above the U.S. average (BEA, the metro area). The typical household there earns $111,586 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.

Stamford, CT at a glance

Median household income

$111,586$9,299 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
Population137,144Census ACS 5-year estimate

How much rent can you afford in Stamford, CT?

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

Affordable (< 30% of income)
HUD Fair Market Rent$2,511Monthly market rent
Share of gross income27%Recommended max: 30%
Annual income needed$100,440To meet the 30% standard
Max affordable rent$2,790At 30% of $111,586
0%30% (Affordability standard)100%
Compare against:

How much is rent in Stamford, 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 Stamford, CT, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,731$20,772$69,24018.6%
1-Bedroom Apartment$2,100$25,200$84,00022.6%
2-Bedroom ApartmentBenchmark$2,511$30,132$100,44027%
3-Bedroom Home$3,036$36,432$121,44032.6%
4-Bedroom Home$3,598$43,176$143,92038.7%

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

What a typical income covers in Stamford, CT

The 50/30/20 rule applied to the local median of $111,586 a year ($9,299 a month before tax).

Needs (50%)$4,649/moRent ($2,511 2-BR), utilities (~$219/mo), groceries, transit
Wants (30%)$2,790/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,860/moEmergency fund, retirement, paying down loans

What $111,586 leaves after Connecticut taxes

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

$111,586
$40,000$225,000
Filing status:
Gross salary breakdown$111,586
Net 73%
Fed 14%
CT 5%
FICA 8%
Annual take-home$81,586After all taxes
Monthly deposit$6,799Estimated per month
Biweekly paycheck$3,138Every 2 weeks (26/yr)
Effective tax rate26.9%Total tax burden
Federal income tax$15,719 / yr
Connecticut state income tax$5,745 / yr
FICA (Social Security & Medicare)$8,536 / yr

Living in Stamford, CT: common questions

What is the median household income in Stamford, CT?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Stamford, CT is $111,586 per year (approximately $9,299 per month).

What is the average rent in Stamford, 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 Stamford, 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 Stamford, 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 90% of what the typical household in Stamford, CT earns.

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

On the local median income of $111,586 ($9,299 a month before tax), the 50/30/20 rule leaves $4,649 a month for needs like rent, utilities and groceries, $2,790 for everything else and $1,860 for savings or debt. A two-bedroom at $2,511 takes 54% of the needs share.

How much is the electric bill in Stamford, 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.