New London, MO (63459) has an average two-bedroom rent of $820, significantly lower than the national average of $1,430. The Grocery Cost Index in New London is 97, less than the benchmark of 100 set by the US. Popular local companies offering two-bedroom rentals include Olson Property Management and Hamm Real Estate. Food costs in New London can vary depending on what you buy and where you go shopping. Generally speaking, however, groceries tend to be slightly cheaper than average with items such as milk often costing around $3 a gallon and a pound of ground beef costing about $4.
New London (zip 63459) has an unemployment rate of 4.0%. The US average is 6.0%.
New London (zip 63459) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.
Tax Rates for New London (zip 63459)
- The Sales Tax Rate for New London (zip 63459) is 6.7%. The US average is 7.3%.
- The Income Tax Rate for New London (zip 63459) is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New London (zip 63459)
- The average income of a New London (zip 63459) resident is $24,159 a year. The US average is $28,555 a year.
- The Median household income of a New London (zip 63459) resident is $59,479 a year. The US average is $69,021 a year.