Essex Village, CT vs Route 7 Gateway, CT

Route 7 Gateway is moderately more affordable than Essex Village, with a 10% lower cost of living index. Essex Village scores 159 compared to 144 for Route 7 Gateway, where the US average is 100. This difference means residents of Essex Village can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Essex Village is $2,071/month compared to $1,696/month in Route 7 Gateway — a 22% difference. Home values follow the same pattern: Route 7 Gateway is more affordable at $706,700 median vs $744,100.

Median household income in Essex Village is $110,469 compared to $132,188 in Route 7 Gateway (-16.4%). Route 7 Gateway offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Essex Village spend roughly 22.5% of their income on rent, more than the 15.4% in Route 7 Gateway.