Belview, MN vs New London, MN

There is a significant gap in the cost of living between these two cities. Belview is 17.3% cheaper than New London. With a cost index of 66 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Belview to New London should plan for substantially higher expenses across most categories.

On the housing front, median rent in Belview is $855/month compared to $960/month in New London — a 11% difference. Home values follow the same pattern: Belview is more affordable at $79,500 median vs $209,300.

Median household income in Belview is $62,000 compared to $66,830 in New London (-7.2%). New London does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Belview spend roughly 16.5% of their income on rent, less than the 17.2% in New London.