Arcadia, IA vs New London, IA

Arcadia, IA and New London, IA have a very similar cost of living, with only a 4.6% difference in their overall index. Arcadia scores 68 while New London scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Arcadia is $816/month compared to $772/month in New London — a 6% difference. Home values follow the same pattern: New London is more affordable at $118,900 median vs $139,500.

Median household income in Arcadia is $69,408 compared to $65,815 in New London (+5.5%). While Arcadia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Arcadia spend roughly 14.1% of their income on rent, less than the 14.1% in New London.