Beaver Bay, MN vs Kensington, MN

Kensington is moderately more affordable than Beaver Bay, with a 12% lower cost of living index. Beaver Bay scores 91 compared to 82 for Kensington, where the US average is 100. This difference means residents of Beaver Bay can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Beaver Bay are $215,600 compared to $96,500 in Kensington, a 123% gap.

Median household income in Beaver Bay is $48,333 compared to $48,125 in Kensington (+0.4%). Beaver Bay does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.