Kensington cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexKensingtonConnecticutNational
Cost of living index121124100
IndexKensingtonConnecticutNational
Goods & Services index121123100
Groceries index107108100
Health care index106112100
Housing index132137100
Transportation index108114100
Utilities index122129100
Displayed above is a general overview of the Kensington, CT cost of living index. The overall cost of living index in Kensington, CT is 121, which is 3% lower than the Connecticut average and 21% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Kensington, CT are 2% lower than the Connecticut average and 21% higher than the national average.
For Sale
For Rent

Find real estate listings

Find rental listings

How would you rate the cost of living in Kensington?View resultsWrite a review to give others more information about this area.
Is the cost of living increasing or decreasing in Kensington?View resultsWrite a review to give others more information about this area.

Did you know?

  • The cost of living in Kensington is 3% lower than the Connecticut average.
  • The cost of living in Kensington is 21% higher than the national average.
  • The cost of housing in Kensington is 32% higher than the national average.
  • Connecticut general sales tax is 25% higher than the national average.
  • Connecticut state income tax is 35% higher than the national average.

Compare Kensington, CT Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Kensington, CT would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Kensington, CT, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Kensington, CT salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$100,676$8,390$2,349$3,021
Renters$55,608$4,634$1,297$1,668
One can approximate the cost of living and the housing affordability in Kensington, CT by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Kensington, CT have a median income of $100,676. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,349 per month to avoid calamity and poverty. The renters in the city have an income of about $55,608, which would make their monthly maximum allowable rental costs $1,297.

Connecticut Sales Tax

StateGeneral Sales TaxWith Max Surtax
Connecticut6.35%6.35%

Connecticut Income Tax

StateIncome Tax (Low)Income Tax (High)
Connecticut3%6.99%
When you are determining the total cost of living in Kensington, CT you will want to make sure you consider both the Connecticut sales tax and the Connecticut income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Connecticut is 6.35%, with the highest surtax being 6.35%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Connecticut have a range from 3% to 6.99%.

Goods & Services

ItemKensingtonNational avg.Difference
Haircut $28.20$17.4961.2%
Beauty Salon $47.40$38.1724.2%
Toothpaste $1.75$2.3224.6%
Shampoo $0.99$1.012.2%
Movie $11.60$10.728.2%
Bowling $19.00$13.8637.1%

Groceries

ItemKensingtonNational avg.Difference
Ground Beef $3.45$3.9011.5%
Fried Chicken $1.67$1.4019.7%
Milk $1.97$1.960.4%
Potatoes $3.51$3.1810.3%
Pizza $9.79$10.395.8%
Beer $10.19$9.2310.4%

Health Care

ItemKensingtonNational avg.Difference
Optometrist $156.20$106.3446.9%
Doctor $115.00$115.250.2%
Dentist $105.80$98.387.5%
Ibuprofen $8.89$9.264.0%
Lipitor $477.60$466.472.4%

Housing

ItemKensingtonNational avg.Difference
Home Price $259,000.00$184,700.0040.2%
Avg. Mortgage Payment $1,431.64$1,273.3212.4%
Apartment Rent $1,059.00$949.0011.6%

Transportation

ItemKensingtonNational avg.Difference
Gasoline $2.66$2.592.5%
Tire Balancing $58.32$48.9019.3%

Utilities

ItemKensingtonNational avg.Difference
All Electricity$238.43$167.6042.3%
Phone $174.02$163.426.5%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Waterbury, CT109,2111088%
Blue Hills, CT3,1811077%
New Britain, CT72,8761088%
Hartford, CT124,3201088%
East Hartford, CT50,8341099%
Kensington, CT8,52812121%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Farmingdale, NY8,53214141%
Flowood, MS8,53295-5%
Meadowbrook, AL8,5341055%
Sanatoga, PA8,53495-5%
Northfield, NJ8,53711717%
Kensington, CT8,52812121%
Source: The Kensington, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
Are you looking to buy or sell?
What style of home are you
What is your
$100K$250K$500K$750K$1M+
When are you looking to
ASAP1-3 mos.3-6 mos.6-9 mos.1 yr+
Connect with top real estate agents
By submitting this form, you consent to receive text messages, emails, and/or calls (may be recorded; and may be direct, autodialed or use pre-recorded/artificial voices even if on the Do Not Call list) from AreaVibes or our partner real estate professionals and their network of service providers, about your inquiry or the home purchase/rental process. Messaging and/or data rates may apply. Consent is not a requirement or condition to receive real estate services. You hereby further confirm that checking this box creates an electronic signature with the same effect as a handwritten signature.