2025 Compare Cities Economy:
Key West, FL vs New London, CT

Change Cities
Highlights
- Household income in New London, is 33% less than it is in Key West and is 36% below the National Average.
- Key West unemployment rate is 3.2%.
- New London unemployment rate is 13.2%.
 Key West, FLNew London, CTUnited States
 Unemployment Rate  Unlock13.2%6.0%
 Recent Job Growth  Unlock0.2%1.6%
 Future Job Growth14.9%  Unlock33.5%
 Sales Taxes7.5%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$51,786  Unlock$37,638
 Household Income  Unlock$50,819$69,021
 Family Median Income$83,360  Unlock$85,028
 space
 Est. Households By Income
 Key West, FLNew London, CTUnited States
 Income Less Than 15K  Unlock15.8%9.4%
 Income between 15K and 20K3.1%  Unlock3.8%
 Income between 20K and 30K  Unlock11.6%8.1%
 Income between 30K and 40K7.1%  Unlock8.0%
 Income between 40K and 50K  Unlock10.4%7.6%
 Income between 50K and 60K10.6%  Unlock7.2%
 Income between 60K and 75K  Unlock8.2%9.6%
 Income between 75K and 100K14.0%  Unlock12.8%
 Income between 100K and 150K  Unlock13.2%16.3%
 Income between 150K and 200K8.4%  Unlock7.8%
 Income greater than 200K  Unlock3.8%9.5%
 space1
 Population By Occupation
 Key West, FLNew London, CTUnited States
 Management, business, finance15.7%  Unlock16.4%
 Engineering, computers, science  Unlock8.8%6.5%
 Community, social services1.4%  Unlock1.8%
 Legal  Unlock0.5%1.2%
 Education, library4.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology3.6%  Unlock6.2%
 Healthcare support  Unlock5.6%3.3%
 Firefighters, law enforcement2.2%  Unlock2.1%
 Food preparation, serving  Unlock7.6%5.4%
 Building maintenance5.7%  Unlock3.6%
 Personal care  Unlock4.5%2.6%
 Sales, office, administrative support21.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair12.3%  Unlock8.1%
 Production, transportation, material moving  Unlock13.8%13.1%
Reviews for Key West    7 Reviews

I was raised in Key West since 1980, these average cost prices for rent that you are seeing were not even accurate then, let alone now in 2021. The average cost of  More

   |    Reply

Over 9 years ago

Like the  More

   |    Reply

I have lived in Key West for the last seven years. During that time, I have observed very little change in the cost of living. I work for a national company that pays  More

   |    Reply

Start Your Review of Key West

Reviews for New London    2 Reviews

Over 17 years ago

all and out its not that bad it just depends where you  More

   |    Reply

A very Historic City; no place more than mile from Salt Water; beautiful public beaches; vibrant art, theatre and music scene; brand new Science and Technology Magnet  More

   |    Reply

Start Your Review of New London


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.