Syracuse vs Bridgeport: Cost of Living Comparison

How does the cost of living in Syracuse, New York compare to Bridgeport, Connecticut? Below is a side-by-side breakdown of housing costs, income, wages, and taxes using official government data.

Summary: Syracuse is the more affordable city overall. Housing costs are 48% lower in Syracuse compared to Bridgeport, while rent is 32% lower. State income tax is 10.9% in NY vs 6.99% in CT.

MetricSyracuse, NYBridgeport, CTDiff
Housing
Median Home Value$117,900$227,200-48.1%
Median Monthly Rent$932$1,369-31.9%
Income
Median Household Income$43,584$54,440-19.9%
Per Capita Income$26,472$29,506-10.3%
Taxes
State Income Tax Rate10.9%7.0%+55.9%
Combined Sales Tax8.5%6.3%+34.2%
Demographics
Population146,134148,470-1.6%

Source: U.S. Census Bureau ACS 5-Year Estimates (2022), Freddie Mac Primary Mortgage Market Survey. State/local tax rates from Tax Foundation (2024).

Rent vs. Buy Calculator — Syracuse

Monthly Mortgage (P&I)
$589
Property Tax
$108/mo
Insurance
$34/mo
Total Monthly Cost to Own
$731
Buying saves $201/mo
Based on $932/mo rent vs $731/mo ownership cost. Does not include equity buildup, maintenance, or tax deductions.

Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.

Rent vs. Buy Calculator — Bridgeport

Monthly Mortgage (P&I)
$1,135
Property Tax
$208/mo
Insurance
$66/mo
Total Monthly Cost to Own
$1,409
Renting saves $40/mo
Based on $1,369/mo rent vs $1,409/mo ownership cost. Does not include equity buildup, maintenance, or tax deductions.

Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.

Key Takeaways

Methodology

This comparison uses data from the U.S. Census Bureau American Community Survey 5-Year Estimates (2022) for median household income, median home value, median gross rent, per capita income, and population. State and local tax rates are sourced from the Tax Foundation. Mortgage rates are from the Freddie Mac Primary Mortgage Market Survey (updated weekly).

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