How much rent can you afford in Naugatuck, CT?
Run your salary against Naugatuck's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Naugatuck
At a median rent of $1,895/mo, Naugatuck is very affordable when measured against Naugatuck median household income of $96,324/yr. Rent would consume roughly 24% of pre-tax income, and a salary of about $75,800 keeps rent at the recommended 30% threshold.
How Naugatuck compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Naugatuck?
On a $96,324 salary (the Naugatuck median household income), the recommended ceiling is 30% of pre-tax income, or about $2,408/mo. Naugatuck's median rent is $1,895/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Naugatuck?
To keep Naugatuck's $1,895/mo median rent under 30% of income, you'd need about $75,800/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Naugatuck affordable on the median Connecticut income?
Naugatuck is very affordable on a $96,324 income. Rent would take 24% of pre-tax pay, inside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".