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Kensington, CT vs Stepney, CT

103
Kensington
Connecticut
VS
-22.9%
134
Stepney
Connecticut

There is a significant gap in the cost of living between these two cities. Kensington is 22.9% cheaper than Stepney. With a cost index of 103 vs 134, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Kensington to Stepney should plan for substantially higher expenses across most categories.

On the housing front, median rent in Kensington is $1,418/month compared to $2,065/month in Stepney — a 31% difference. Home values follow the same pattern: Kensington is more affordable at $304,400 median vs $437,500.

Median household income in Kensington is $105,000 compared to $142,250 in Stepney (-26.2%). While Stepney 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 17.4% in Stepney.

Income & Cost

Cost of Living Index
Kensington
103
23% cheaper
Stepney
134
Median Household Income
Kensington
$105,000
Stepney
$142,250
26% higher

Housing

Median Rent
Kensington
$1,418
31% cheaper
Stepney
$2,065
Median Home Value
Kensington
$304,400
30% cheaper
Stepney
$437,500
Population
Kensington
9,936
Stepney
3,489

Salary Equivalency Calculator

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