Breckenridge, MN vs New London, MN

There is a significant gap in the cost of living between these two cities. Breckenridge is 24.3% cheaper than New London. With a cost index of 60 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Breckenridge to New London should plan for substantially higher expenses across most categories.

On the housing front, median rent in Breckenridge is $502/month compared to $960/month in New London — a 48% difference. Home values follow the same pattern: Breckenridge is more affordable at $142,000 median vs $209,300.

Median household income in Breckenridge is $57,344 compared to $66,830 in New London (-14.2%). The higher salaries in New London partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Breckenridge spend roughly 10.5% of their income on rent, less than the 17.2% in New London.