Housing costs in New London?
A typical home costs
$205,700, which is 39.2% less expensive than the national average of
$338,100 and 3.1% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in New London costs
$820 per month, which is 13.7% cheaper than the national average of
$950 and 3.7% more than the state average of
$790.
Can I afford New London?
To live comfortably in New London (zip 63459), Missouri, a minimum annual income of
$39,240 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about New London?
Living in 63459 New London, MO comes with an affordable cost of living. According to Best Places, the cost of living index in this zipcode is 84.3, which is significantly lower than the national average of 100. This means that basic expenses such as food, housing, and transportation are typically cheaper compared to other parts of the country. Additionally, property taxes are also relatively low which makes buying or renting a home more affordable. Overall, living in 63459 New London, MO is financially attractive due to its lower than average cost of living.