Cost of Living in Kensington, KS

With a cost of living index of 54, Kensington, KS is one of the most affordable cities in the country. Living here is 46% cheaper than the national average and 17% below the Kansas state average of 72. Kensington is a small community of 572 residents.

Housing costs are the biggest factor in Kensington's cost of living. The median monthly rent is $604 (54% below the US median of $1,319), and the median home value sits at $58,200 (81% below the national median of $304,900). At current prices, the median home costs roughly 1x the median household income — well within traditional affordability guidelines.

The median household income in Kensington is $59,107, which is 21% lower than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Kensington. The area sees an average annual temperature of 53.9°F, with summers averaging 77°F and winters around 32°F. Annual rainfall totals 21.5 inches spread over roughly 78 days.

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.