Housing costs in New London?
A typical home costs
$174,300, which is 48.4% less expensive than the national average of
$338,100 and 28.6% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in New London costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 22.6% cheaper than the state average of
$1,030.
Can I afford New London?
To live comfortably in New London, Wisconsin, a minimum annual income of
$33,480 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about New London?
The cost of living in New London, WI is quite reasonable. The median home values are around $130,500 and the median rent cost is approximately $675 per month. Utility costs are also low when compared to the national average, with electric being around 10% lower and gas being 5% lower. The overall cost of living index for New London is 93.7, which is 7.3% below the national average. This makes it an affordable place to call home for both those looking to purchase a home or rent an apartment.