East Hampton, CT vs New Preston, CT

New Preston is moderately more affordable than East Hampton, with a 12.2% lower cost of living index. East Hampton scores 98 compared to 88 for New Preston, where the US average is 100. This difference means residents of East Hampton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in East Hampton is $1,239/month compared to $531/month in New Preston — a 133% difference. Interestingly, home values tell a different story: while New Preston has cheaper rent, East Hampton actually has lower median home values ($315,900 vs $447,300).

Median household income in East Hampton is $120,875 compared to $60,526 in New Preston (+99.7%). While East Hampton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of East Hampton spend roughly 12.3% of their income on rent, more than the 10.5% in New Preston.