What is a pro or con of living in New London, Connecticutcompared to Midland Park, New Jersey?

Median Home Cost is 55% cheaper in New London.

What salary do I need to live in New London, Connecticut copmared to Midland Park, New Jersey?

A salary of $50,000 in Midland Park, New Jersey could decrease to $33,321 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.

MIDLAND PARK vs. NEW LONDON
Cost of Living Comparison

Midland Park, New Jersey vs. New London, Connecticut

Cost of Living Comparison

The cost of living in New London, Connecticut is 33.4% cheaper than Midland Park, New Jersey.

You would need a salary of $33,321 in New London, Connecticut to maintain the standard of living you have in Midland Park, New Jersey.

Comparison highlights

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

Median Home Cost
55% cheaper in New London
than in Midland Park, New Jersey

Midland Park, NJ vs. New London, CT

Compared to Midland Park, New London is:

Homeowner

No Child Care, Taxes not Considered

33.4% 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

3.0% lower

Housing (Homeowner)

65.9% lower

Housing (Rent)

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Median Home Cost

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Utilities

0.8% higher

Commute

39.8% lower

Health

14.7% higher

Taxes

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Childcare

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Personal

7.0% lower

Cost of Food

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Midland Park, New Jersey vs. New London, Connecticut

Cost of Living Comparison

Comparison highlights

Midland Park, NJ vs. New London, CT

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