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Cheshire Village, CT vs Old Saybrook Center, CT

100
Cheshire Village
Connecticut
VS
-15.2%
118
Old Saybrook Center
Connecticut

There is a significant gap in the cost of living between these two cities. Cheshire Village is 15.2% cheaper than Old Saybrook Center. With a cost index of 100 vs 118, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cheshire Village to Old Saybrook Center should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cheshire Village is $1,090/month compared to $1,665/month in Old Saybrook Center — a 35% difference. Home values follow the same pattern: Cheshire Village is more affordable at $393,200 median vs $400,600.

Median household income in Cheshire Village is $114,923 compared to $85,466 in Old Saybrook Center (+34.5%). 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 23.4% in Old Saybrook Center.

Income & Cost

Cost of Living Index
Cheshire Village
100
15% cheaper
Old Saybrook Center
118
Median Household Income
Cheshire Village
$114,923
26% higher
Old Saybrook Center
$85,466

Housing

Median Rent
Cheshire Village
$1,090
35% cheaper
Old Saybrook Center
$1,665
Median Home Value
Cheshire Village
$393,200
2% cheaper
Old Saybrook Center
$400,600
Population
Cheshire Village
6,049
Old Saybrook Center
2,063

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