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Kensington, KS vs Silver Lake, KS

54
Kensington
Kansas
VS
-23%
70
Silver Lake
Kansas

There is a significant gap in the cost of living between these two cities. Kensington is 23% cheaper than Silver Lake. With a cost index of 54 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Kensington to Silver Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Kensington is $604/month compared to $877/month in Silver Lake — a 31% difference. Home values follow the same pattern: Kensington is more affordable at $58,200 median vs $168,900.

Median household income in Kensington is $59,107 compared to $56,857 in Silver Lake (+4%). Kensington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Kensington spend roughly 12.3% of their income on rent, less than the 18.5% in Silver Lake.

Income & Cost

Cost of Living Index
Kensington
54
23% cheaper
Silver Lake
70
Median Household Income
Kensington
$59,107
4% higher
Silver Lake
$56,857

Housing

Median Rent
Kensington
$604
31% cheaper
Silver Lake
$877
Median Home Value
Kensington
$58,200
66% cheaper
Silver Lake
$168,900
Population
Kensington
572
Silver Lake
1,549

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Kensington
Silver Lake $2.96
US $3.07
🥚
Eggs (grade A, large)
Kensington
Silver Lake $2.41
US $2.50
🥛
Milk (whole)
Kensington
Silver Lake $3.89
US $4.03
🍞
Bread (white)
Kensington
Silver Lake $1.79
US $1.85
🍗
Chicken breast
Kensington
Silver Lake $4.00
US $4.14
Electricity
Kensington
Silver Lake $0.17
US $0.19