Photo: Kenneth C. Zirkel · CC BY-SA 4.0Even on the area’s higher pay, Killingly costs more to live in than 53% of U.S. towns
It ranks #10 of 155 in Connecticut for affordability. Up 2.7% in a year, 17% below the Connecticut typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Putnam, CT micro area ($91K). How TownRatings grades cost of living
The grade measures what housing costs against what households in the area earn. Killingly’s area earns well above the typical U.S. town ($91K against $74K), but homes, rent and taxes here run higher still. Owners keep up better than renters: 27% of owners pay 30% or more of income for housing (typical U.S. town: 20%), against 43% of renters.
In dollars
- $370Ktypical home, 17% below the Connecticut typical homeZillow, September 2026
- $1,740a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 3.2 yrsof area income buys the typical home; the typical U.S. town: 3.3$91K, Putnam-area income
- 14%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 43%of renters pay 30%+ of income for housing; across Connecticut: 53%Census 2020–24
- 27%of owners do; the typical U.S. town: 20%Census 2020–24
Housing in Killingly, in brief
New renters pay more than renters already here
HUD puts a standard two-bedroom at about $1,740 a month with utilities, the going rate for someone moving in. Renters already in Killingly pay a median of $1,044. Renting ↓
A median income goes further next door
At Killingly’s median income, the calculator’s budget of about $307K falls short here but covers the typical home in Danielson ($225K), Putnam ($269K) and East Brooklyn ($295K). Can I afford it? ↓
New building is almost all single-family houses
Of the 305 homes permitted in Killingly’s past 10 years, every one was a single-family house. New homes ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; permits are Census figures through 2025 (2025 partly estimated); incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Killingly’s grade
Measured against what households in the area earn, Killingly is more affordable than 47% of U.S. towns, #10 of 155 in Connecticut. The share of households paying 30%+ for housing pulls the grade down most; rent holds it up.
Prices here have kept pace with Connecticut: up 36.7% in five years, against 41.1% statewide (Zillow).
Up 36.7% in five years
Slower than Connecticut (41.1%).
Show as a table
| January | Killingly | Connecticut |
|---|---|---|
| 2017 | $178,000 | $245,000 |
| 2018 | $193,000 | $253,000 |
| 2019 | $202,000 | $255,000 |
| 2020 | $218,000 | $261,000 |
| 2021 | $246,000 | $289,000 |
| 2022 | $273,000 | $322,000 |
| 2023 | $293,000 | $353,000 |
| 2024 | $313,000 | $391,000 |
| 2025 | $345,000 | $415,000 |
| 2026 | $361,000 | $433,000 |
| September 2026 | $370,000 | $447,000 |
A typical Killingly home worth $176K in October 2016 is worth about $370K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A year’s rent takes 14% of area income
The calculator starts from the area income the grade uses. Switch to Killingly’s own median, or type yours.
That’s $37K short of a typical Killingly home.
A two-bedroom rents for about $1,740 a month here, $620 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Killingly’s typical property tax (1.36% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,740
Renters already here pay a median of $1,044, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Northeastern Connecticut Planning Region, CT): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
29 new homes permitted in 2025
Builders were permitted 29 new homes in Killingly in 2025, all single-family houses, worth about $3.5 million to build. That's 1.6 per 1,000 residents, slower than across Connecticut (2). Over the past 10 years, Killingly has permitted 305 homes in all.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 20 | 20 | 0 | $3 million |
| 2025 | 29 | 29 | 0 | $3.5 million |
| 2024 | 36 | 36 | 0 | $4.1 million |
| 2023 | 18 | 18 | 0 | $3.2 million |
| 2022 | 35 | 35 | 0 | $4.5 million |
| 2021 | 18 | 18 | 0 | $2.9 million |
| 2020 | 18 | 18 | 0 | $2.6 million |
| 2019 | 26 | 26 | 0 | $4.1 million |
| 2018 | 50 | 50 | 0 | $8 million |
| 2017 | 30 | 30 | 0 | $4.2 million |
| 2016 | 45 | 45 | 0 | $6.5 million |
| 2015 | 20 | 14 | 6 | $2.7 million |
| 2014 | 20 | 20 | 0 | $3 million |
| 2013 | 19 | 19 | 0 | $2.8 million |
| 2012 | 16 | 16 | 0 | $2.4 million |
| 2011 | 17 | 15 | 2 | $2.3 million |
| 2010 | 36 | 36 | 0 | $3.5 million |
| 2009 | 36 | 36 | 0 | $3.1 million |
| 2008 | 25 | 25 | 0 | $2.5 million |
| 2007 | 71 | 63 | 8 | $7.8 million |
| 2006 | 120 | 109 | 11 | $13.2 million |
| 2005 | 122 | 122 | 0 | $11.8 million |
| 2004 | 90 | 84 | 6 | $9 million |
| 2003 | 90 | 90 | 0 | $8.6 million |
| 2002 | 84 | 84 | 0 | $7.1 million |
| 2001 | 57 | 57 | 0 | $4.3 million |
| 2000 | 42 | 42 | 0 | $3.5 million |
Killingly's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the Connecticut norm
The median bill is $3,922 (Connecticut: $6,643), 1.36% of a home’s value a year, against 1.81% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
Killingly vs. its neighbors
Of the 3 towns here with a Zillow value, Killingly has the 2nd-lowest. Pomfret and Brooklyn and East Brooklyn and Putnam and Danielson have no Zillow value, so they are in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Killingly | B− | $370K | $289K | 1.36% | $1,740 |
| Brooklyn | C+ | — | $315K | 1.44% | $1,660 |
| East Brooklyn | – | — | $295K | 1.27% | $1,660 |
| Pomfret | C− | — | $409K | 1.44% | $1,620 |
| Putnam | B− | — | $269K | 1.43% | $1,550 |
| Danielson | D | — | $225K | 1.78% | $1,720 |
| Foster | D | $556K | $425K | 1.68% | $2,050 |
| Plainfield | C+ | $348K | $272K | 1.55% | $1,630 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures. “—” under Cost: not graded (too little Census data, or under 1,000 residents).
Questions about the cost of living in Killingly
Is Killingly expensive to live in?
Measured against what households in the area earn, Killingly costs more than 53% of U.S. towns: a B− for cost of living, #10 of 155 in Connecticut. The typical home costs 3.2 years of the median household income of the Putnam, CT micro area ($91K).
How much does a house cost in Killingly?
About $370K, Zillow’s typical value for September 2026, up 2.7% in a year. The Connecticut typical home is $447K.
What salary do you need to live in Killingly?
To buy the typical home with 20% down at 6.3%, about $101,000 a year, keeping the payment (about $2,360 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $70,000.
How much is rent in Killingly?
HUD puts a two-bedroom at about $1,740 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,044 (Census 2020–24).
What are property taxes in Killingly?
The median bill is $3,922 a year, 1.36% of the median home value (Connecticut: $6,643, 1.81%), from the Census 2020–24.
Are home prices in Killingly going up?
Yes: up 2.7% in the past year and 36.7% in five years, against 41.1% across Connecticut (Zillow).
Neighbors talk housing
What Killingly buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.