Alburnett, IA vs New London, IA

New London is moderately more affordable than Alburnett, with a 13.7% lower cost of living index. Alburnett scores 74 compared to 65 for New London, where the US average is 100. This difference means residents of Alburnett can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alburnett is $863/month compared to $772/month in New London — a 12% difference. Home values follow the same pattern: New London is more affordable at $118,900 median vs $198,100.

Median household income in Alburnett is $90,417 compared to $65,815 in New London (+37.4%). While Alburnett is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alburnett spend roughly 11.5% of their income on rent, less than the 14.1% in New London.