Connecticut 2023: Cost of Living for a Working Family with High Salaries

Living and Working in Connecticut: A Family-Friendly State with High Salaries


Connecticut is known for its idyllic landscapes, rich history, and excellent schools. For families with both parents working and two kids, the cost of living in Connecticut can be a bit steep but manageable.

The Cost of Living in Connecticut

According to data from Numbeo, the cost of living in Connecticut is 15.46% higher than the national average. Rent or mortgage can be a significant expense for a family of four, with the average rent for a two-bedroom apartment at $1,643 per month. Groceries, utilities, transportation, and healthcare can also add up quickly.

Attractions for Families

However, Connecticut’s high cost of living is offset by its many attractions for families. The state is home to a variety of parks and outdoor recreational areas, including hiking trails, beaches, and state forests. The state’s proximity to other Northeastern cities also allows for easy access to cultural and entertainment activities.

Excellent Schools and Healthcare Facilities

Connecticut is also known for its excellent schools, with some of the highest-ranked public schools in the country. In addition to public schools, Connecticut has a vast selection of private schools, including prestigious boarding schools.

Living in Connecticut also provides access to quality healthcare facilities. The state has some of the best hospitals and medical centers in the country. Stamford Hospital, Hartford Hospital, and Yale-New Haven Hospital are just a few examples of hospitals rated as high-performing in multiple specialties.

Economic Opportunities

The state’s stable economy also makes Connecticut attractive for both jobs and starting a business. Connecticut is home to some of the world’s largest multinational corporations in the healthcare, financial, insurance, and defense industries.

Family-Friendly Environment

For families with kids, Connecticut provides an ideal environment for raising children. The state has a low crime rate, and the neighborhoods are safe and supportive, with friendly and outgoing communities. Connecticut has numerous children’s museums, family-friendly attractions, and indoor play areas.

Transportation and Traveling

Furthermore, Connecticut has a reliable transport system, making traveling for the family convenient and safe. They can take trains, buses, or even ferries to other parts of the state and beyond.


In conclusion, Connecticut is a great place to settle for working parents with two kids. Though the cost of living in Connecticut can be high, the state makes up for it in its family-friendly vibe, excellent schools, quality healthcare, world-renowned universities, and plenty of outdoor recreational activities. So, if you’re looking for the ideal place to raise your family, Connecticut appears to be a top choice in many aspects.

High Paying Jobs in Connecticut

The median home cost in Connecticut as of 2023 is $393,700 which is quite high compared to the required annual income before taxes of $110,175. Additionally, the cost of child care is significant, weighing in at $21,340 for a family with 2 children. This emphasizes the importance of financial planning and budgeting when it comes to raising a family in Connecticut.

Connecticut is a state that is well-known for being home to some of the wealthiest residents in the country. It’s not surprising then that it’s home to some of the best paying jobs as well. The salary data from the Bureau of Labor Statistics (BLS) for 2022 shows that there is a wide range of salaries for different occupations.

Top Five High Paying Jobs in Connecticut

Cost of Living in Connecticut

While the salaries in Connecticut are certainly impressive, it’s also important to consider the cost of living in this state. According to the Missouri Economic Research and Information Center, Connecticut is ranked as the third most expensive state in the United States. Housing costs are especially high, which can make it difficult for many people to live comfortably despite earning high salaries.

Living Comfortably in Connecticut

It’s clear that Connecticut offers some of the best paying jobs in the country, but it’s also important to note that the high salaries come with a high cost of living. For those who are able to afford it, living in this state offers a wealth of opportunities and amenities. From its beautiful natural resources to its bustling cities, Connecticut is an attractive option for many professionals looking for a lucrative career and a high standard of living.

This content was created by Our team derives unique insights by analyzing contemporary data from trusted sources such as the Bureau of Labor Statistics, Redfin, MIT Living Wage, among others. Should you choose to utilize this data, we kindly request that you provide a link back to our resource.