Housing costs in New London?
A typical home costs
$141,200, which is 58.2% less expensive than the national average of
$338,100 and 52.6% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in New London costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 32.0% cheaper than the state average of
$1,280.
Can I afford New London?
To live comfortably in New London, Texas, a minimum annual income of
$27,000 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about New London?
The cost of living in New London, TX is relatively low compared to many other cities. The median home price is around $80,000 which is very affordable for most potential homeowners. Additionally, the average monthly energy bill in New London is around $100 per month which is much lower than the national average. Overall, this city offers a great quality of life with a low cost of living that makes it an attractive destination for many people looking to settle down.