Kenilworth, NJ vs Pennington, NJ
Kenilworth, NJ and Pennington, NJ have a very similar cost of living, with only a 3.9% difference in their overall index. Kenilworth scores 146 while Pennington scores 141 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 Kenilworth is $2,119/month compared to $1,819/month in Pennington — a 17% difference. Interestingly, home values tell a different story: while Pennington has cheaper rent, Kenilworth actually has lower median home values ($521,100 vs $608,200).
Median household income in Kenilworth is $126,295 compared to $171,282 in Pennington (-26.3%). Pennington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Kenilworth spend roughly 20.1% of their income on rent, more than the 12.7% in Pennington.
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