What is a pro or con of living in New London, Connecticutcompared to Memphis, Tennessee?

Median Home Cost is 65% more expensive in New London.

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

A salary of $90,000 in Memphis, Tennessee should increase to $106,955 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.

MEMPHIS vs. NEW LONDON
Cost of Living Comparison

Memphis, Tennessee vs. New London, Connecticut

Cost of Living Comparison

The cost of living in New London, Connecticut is 18.8% more expensive than Memphis, Tennessee.

You would need a salary of $106,955 in New London, Connecticut to maintain the standard of living you have in Memphis, Tennessee.

Comparison highlights

• Overall, New London, Connecticut is more expensive than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
65% more expensive in New London
than in Memphis, Tennessee

Memphis, TN vs. New London, CT

Compared to Memphis, New London is:

Homeowner

No Child Care, Taxes not Considered

18.8% higher

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

11.4% higher

Housing (Homeowner)

86.3% higher

Housing (Rent)

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Median Home Cost

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Utilities

18.4% higher

Commute

13.1% lower

Health

16.0% higher

Taxes

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Childcare

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Personal

19.9% higher

Cost of Food

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Memphis, Tennessee vs. New London, Connecticut

Cost of Living Comparison

Comparison highlights

Memphis, TN vs. New London, CT

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