Coventry Lake, CT vs Stonington, CT

The cost of living difference between Coventry Lake, CT and Stonington, CT is dramatic. Coventry Lake is 39.9% cheaper than Stonington, a gap that translates to thousands of dollars per year in household expenses. Coventry Lake has a cost index of 88 while Stonington sits at 146, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Coventry Lake is $1,031/month compared to $1,433/month in Stonington — a 28% difference. Home values follow the same pattern: Coventry Lake is more affordable at $263,200 median vs $824,700.

Median household income in Coventry Lake is $73,846 compared to $103,333 in Stonington (-28.5%). The higher salaries in Stonington partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Coventry Lake spend roughly 16.8% of their income on rent, more than the 16.6% in Stonington.