Cost of living in Putnam, Connecticut

Putnam, Connecticut has about 7,120 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $245,100.

HUD's fair-market rent for a 2-bedroom in this town's area (Northeastern Connecticut Planning Region, CT) is $1,568 a month. That rate runs from October 2026 through September 2027.

Connecticut's prices sit at 103.6 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.

Connecticut taxes wages. A typical combined sales tax is 6.3% as of January 1, 2026. That mix is statewide, not Putnam's exact store tax.

In July 2026, a typical Connecticut home paid 24.16¢ per kilowatt-hour. That is a state average from EIA, not Putnam's bill.

EIA did not publish a 2025 all-grades gas price for Connecticut in the table we use.

Among 139 places we list in Connecticut with a rent figure, 122 have higher typical rent than Putnam.