Asbury, IA vs New London, IA

The cost of living difference between Asbury, IA and New London, IA is dramatic. New London is 51.8% cheaper than Asbury, a gap that translates to thousands of dollars per year in household expenses. Asbury has a cost index of 99 while New London sits at 65, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Asbury is $1,379/month compared to $772/month in New London — a 79% difference. Home values follow the same pattern: New London is more affordable at $118,900 median vs $312,400.

Median household income in Asbury is $130,071 compared to $65,815 in New London (+97.6%). While Asbury is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Asbury spend roughly 12.7% of their income on rent, less than the 14.1% in New London.