Benson, MN vs New London, MN

Benson is moderately more affordable than New London, with a 7.3% lower cost of living index. Benson scores 74 compared to 80 for New London, where the US average is 100. This difference means residents of New London can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Benson is $939/month compared to $960/month in New London — a 2% difference. Home values follow the same pattern: Benson is more affordable at $146,100 median vs $209,300.

Median household income in Benson is $51,124 compared to $66,830 in New London (-23.5%). While New London is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Benson spend roughly 22% of their income on rent, more than the 17.2% in New London.