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

Median Home Cost is 63% cheaper in New London.

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

A salary of $115,000 in New York, New York could decrease to $62,820 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.

NEW YORK vs. NEW LONDON
Cost of Living Comparison

New York, New York vs. New London, Connecticut

Cost of Living Comparison

The cost of living in New London, Connecticut is 45.4% cheaper than New York, New York.

You would need a salary of $62,820 in New London, Connecticut to maintain the standard of living you have in New York, New York.

Comparison highlights

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

Median Home Cost
63% cheaper in New London
than in New York, New York

New York, NY vs. New London, CT

Compared to New York, New London is:

Homeowner

No Child Care, Taxes not Considered

45.4% 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

10.9% lower

Housing (Homeowner)

76.5% lower

Housing (Rent)

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Median Home Cost

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Utilities

24.3% lower

Commute

54.7% lower

Health

12.0% lower

Taxes

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Childcare

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Personal

12.9% lower

Cost of Food

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New York, New York vs. New London, Connecticut

Cost of Living Comparison

Comparison highlights

New York, NY vs. New London, CT

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