Small City86,518 people

Danbury, CT

Discover how far your salary goes in Danbury. Compare taxes, rent, and living costs.

Cost Index
161
💰 Expensive
Population

86,518

State Tax

7.0%

1BR Rent

$1,960

/month

vs National

+40%

above avg

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Rent Prices in Danbury

🏠

Studio

$1,568

/month

$18,816/year

Most Common
🛏️

1 Bedroom

$1,960

/month

$23,520/year

🏡

2 Bedroom

$2,646

/month

$31,752/year

🏘️

3 Bedroom

$3,430

/month

$41,160/year

Taxes in Connecticut

State Income Tax

Connecticut

7.0%

For a $100k salary, that's ~$6,990/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Danbury, CT?

Danbury has a cost of living index of 161, which is 61% above the national average. A 1-bedroom apartment costs around $1,960/month.

What is the state income tax in Connecticut?

Connecticut has a state income tax rate of approximately 7.0%. This is in addition to federal income tax.

How much is rent in Danbury?

The median rent for a 1-bedroom apartment in Danbury is $1,960/month. For a 2-bedroom, expect to pay around $2,646/month. This is 40% above the national average.

Is Danbury a good place to live?

Danbury is a small city with a population of 86,518. The cost of living is expensive, making it more expensive than average for the US.

See the complete picture for Danbury

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