PSC has released a new fact sheet on CT's wages and the price of housing.
The new fact sheet details Connecticut's mismatch between wages people earn and the price of decent rental housing.
Changes in the economy, household formation, inflation, and wage stagnation -- leave many in Connecticut struggling to afford housing. Many jobs pay less than the state's median household income of $79,855 annually and have an hourly wage that is less than the housing wage (what one needs to afford a typical 2-BR apartment) of $27.37.
Please note data presented in this factsheet is based on CT Department of Labor, Occupational Employment and Wages, 1st Quarter 2021 statistics.