Housing costs in New London?
A typical home costs
$205,800, which is 39.1% less expensive than the national average of
$338,100 and 15.7% 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 (zip 54961), Wisconsin, a minimum annual income of
$39,600 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 54961 New London, WI is relatively affordable compared to other cities in the state. The median home value in 54961 is just under $147,000 and the median household income is around $50,000. Rent prices are also on the lower side at an average of just over $800 per month for a one bedroom apartment. Taxes are slightly higher than average but still manageable, especially considering the amount of public services and amenities available for residents. Overall, 54961 New London is a great place to live with an affordable cost of living that allows residents to enjoy life without breaking the bank.