Cheshire Village, CT vs Kensington, CT

Cheshire Village, CT and Kensington, CT have a very similar cost of living, with only a 2.6% difference in their overall index. Cheshire Village scores 100 while Kensington scores 103 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cheshire Village is $1,090/month compared to $1,418/month in Kensington — a 23% difference. Interestingly, home values tell a different story: while Cheshire Village has cheaper rent, Kensington actually has lower median home values ($304,400 vs $393,200).

Median household income in Cheshire Village is $114,923 compared to $105,000 in Kensington (+9.5%). Cheshire Village offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cheshire Village spend roughly 11.4% of their income on rent, less than the 16.2% in Kensington.