What is a pro or con of living in New London, Connecticutcompared to Colchester, Connecticut?

Median Home Cost is 29% cheaper in New London.

What salary do I need to live in New London, Connecticut copmared to Colchester, Connecticut?

A salary of $50,000 in Colchester, Connecticut could decrease to $41,524 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.

COLCHESTER vs. NEW_LONDON
Cost of Living Comparison

Colchester, Connecticut vs. New London, Connecticut

Cost of Living Comparison

The cost of living in New London, Connecticut is 17.0% cheaper than Colchester, Connecticut.

You would need a salary of $41,524 in New London, Connecticut to maintain the standard of living you have in Colchester, Connecticut.

Comparison highlights

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

Median Home Cost
29% cheaper in New London
than in Colchester, Connecticut

Colchester, CT vs. New_London, CT

Compared to Colchester, New_London is:

Homeowner

No Child Care, Taxes not Considered

17.0% 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

2.2% lower

Housing (Homeowner)

35.5% lower

Housing (Rent)

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Median Home Cost

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Utilities

1.9% higher

Commute

29.0% lower

Health

0.0% higher

Taxes

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Childcare

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Personal

1.4% lower

Cost of Food

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Colchester, Connecticut vs. New London, Connecticut

Cost of Living Comparison

Comparison highlights

Colchester, CT vs. New_London, CT

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