New Bedford vs Waterbury

The short version

  • Overall prices are about the same in both metro areas (BEA 2024).
  • The median home costs $208,500 in Waterbury and $357,300 in New Bedford.
  • Households earn more in New Bedford ($56,981 vs $51,886 median).
  • Commutes are shorter in New Bedford (25 vs 28 minutes each way).

Side by side

New Bedford, MAWaterbury, CT
People
Population (2025)101,834115,771
Growth since 2020+0.8%+1.2%
People per square mile5,0914,054
Median age37.037.8
Bachelor's degree or higher17%17%
Money and housing
Median household income$56,981$51,886
Median home value$357,300$208,500
Home value to income6.3×4.0×
Median rent (with utilities)$1,137$1,225
Metro price level (US = 100)101.899.8
Housing price level (US = 100)103.989.1
$75,000 elsewhere equals$76,300$74,800
Homeowners40%47%
Top state income tax9%6.99%
Combined sales tax6.25%6.35%
Work and commute
Average commute (minutes)24.728.0
Work from home5%8%
Take public transit3%4%
Unemployment (2020-24 avg)8.3%9.3%
Poverty rate20.6%24.7%
Weather
January high / low39° / 21°37° / 19°
July high / low83° / 62°84° / 63°
Precipitation per year46 in45 in
Snowfall per year33 in39 in
Days 90°F or hotter715
Nights below freezing123129
Comfortable months55
Risks, air and home prices
Natural hazard risk (FEMA, county)Relatively Moderaten/a
FEMA risk score (lower is safer)89.9n/a
Good air days, 202570%n/a
Home prices, past year+4.7%+3.9%
Home prices, past 5 years+51.9%+55.2%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

10°20°30°40°50°60°70°80°90°JanFebMarAprMayJunJulAugSepOctNovDec
New Bedford Waterbury. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: New Bedford: May to September. Waterbury: May to September.

Full monthly tables: New Bedford weather by month and Waterbury weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $76,300 in New Bedford and $74,800 in Waterbury. Moving from New Bedford to Waterbury, you would need about $73,500 to match a $75,000 salary.

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