New London, WI, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for New London stands at 93, which is 7% lower than the national average of 100. This makes housing, utilities, and miscellaneous expenses more affordable, while groceries, healthcare, and transportation costs are close to the average. Job seekers may find New London an attractive option for a more budget-friendly lifestyle.
New London, WI, presents a cost of living that is notably lower than the nationwide average. The housing index in New London stands at 85, which is 15% lower than the national average. This means that housing expenses in New London are more affordable, making it an attractive option for those looking to save on their living costs. Additionally, the groceries index is 95, which is 5% below the national average, indicating that food costs are slightly lower than the average American might expect.
Utilities in New London are priced at 90, which is 10% below the national average. This suggests that residents can expect to pay less for essential services like electricity and water. The transportation index matches the national average at 100, meaning that costs for commuting and owning a vehicle remain consistent with the rest of the country. Healthcare costs are slightly below the national average at 98, offering a 2% savings. Miscellaneous expenses, which include items like entertainment and personal care, are at 92, which is 8% lower than the national average. Overall, New London provides a cost of living that is favorable for those seeking to reduce their expenses while maintaining a good quality of life.
