New London, WI, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for New London stands at 85, which is 15% below the average of 100. This lower index makes New London an attractive option for those seeking more affordable living expenses.
Specifically, housing costs in New London are 25% below the national average, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are all within 10% of the average. This balanced distribution across categories provides a comprehensive view of the cost savings available in New London.
New London, WI, presents a cost of living that is notably lower than the nationwide average. The housing index in New London stands at 75, which is 25% below the average cost of living index of 100. This means that housing expenses in New London are significantly more affordable compared to the rest of the country. Job seekers will find that they can secure more housing for their money, making it easier to manage living expenses.
In addition to housing, other cost categories in New London also show favorable comparisons. Groceries, utilities, transportation, healthcare, and miscellaneous expenses all have indices that are close to or slightly below the average. For instance, groceries are at 90, which is 10% below the average, while utilities are at 95, only 5% below. Transportation costs are at 85, which is 15% lower. Healthcare, at 90, and miscellaneous expenses, at 80, also reflect lower costs. Overall, New London offers a cost of living that is more budget-friendly, making it an attractive option for those looking to minimize their expenses without sacrificing quality of life.
