What is a pro or con of living in New London, Connecticutcompared to Silver Spring, Maryland?

Median Home Cost is 54% cheaper in New London.

What salary do I need to live in New London, Connecticut copmared to Silver Spring, Maryland?

A salary of $76,000 in Silver Spring, Maryland could decrease to $53,514 in New London, Connecticut (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

SILVER SPRING vs. NEW LONDON
Cost of Living Comparison

Silver Spring, Maryland vs. New London, Connecticut

Cost of Living Comparison

The cost of living in New London, Connecticut is 29.6% cheaper than Silver Spring, Maryland.

You would need a salary of $53,514 in New London, Connecticut to maintain the standard of living you have in Silver Spring, Maryland.

Comparison highlights

• Overall, New London, Connecticut is cheaper than Silver Spring, Maryland
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
54% cheaper in New London
than in Silver Spring, Maryland

Silver Spring, MD vs. New London, CT

Compared to Silver Spring, New London is:

Homeowner

No Child Care, Taxes not Considered

29.6% lower

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

7.8% lower

Housing (Homeowner)

60.7% lower

Housing (Rent)

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Median Home Cost

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Utilities

4.2% higher

Commute

41.7% lower

Health

29.4% higher

Taxes

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Childcare

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Personal

7.1% higher

Cost of Food

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Silver Spring, Maryland vs. New London, Connecticut

Cost of Living Comparison

Comparison highlights

Silver Spring, MD vs. New London, CT

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