Cost of Living in Kensington, CT

With a cost of living index of 103, Kensington, CT is somewhat more expensive than average. Living here is 3% more expensive than the national average and 22% below the Connecticut state average of 125. Kensington is a smaller community of 9,936 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Kensington's cost of living. The median monthly rent is $1,418 (8% above the US median of $1,319), and the median home value sits at $304,400 (0% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.

The median household income in Kensington is $105,000, which is 40% higher than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.