Kensington, CT vs New London, CT

New London is moderately more affordable than Kensington, with a 9.8% lower cost of living index. Kensington scores 103 compared to 94 for New London, where the US average is 100. This difference means residents of Kensington can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Kensington is $1,418/month compared to $1,303/month in New London — a 9% difference. Home values follow the same pattern: New London is more affordable at $234,800 median vs $304,400.

Median household income in Kensington is $105,000 compared to $60,123 in New London (+74.6%). While Kensington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Kensington spend roughly 16.2% of their income on rent, less than the 26% in New London.