Kenilworth, NJ vs Summit, NJ

There is a significant gap in the cost of living between these two cities. Kenilworth is 22.5% cheaper than Summit. With a cost index of 146 vs 189, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Kenilworth to Summit should plan for substantially higher expenses across most categories.

On the housing front, median rent in Kenilworth is $2,119/month compared to $2,308/month in Summit — a 8% difference. Home values follow the same pattern: Kenilworth is more affordable at $521,100 median vs $969,900.

Median household income in Kenilworth is $126,295 compared to $199,107 in Summit (-36.6%). While Summit is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Kenilworth spend roughly 20.1% of their income on rent, more than the 13.9% in Summit.