Central Gardens, TX vs New London, TX
There is a significant gap in the cost of living between these two cities. New London is 19.9% cheaper than Central Gardens. With a cost index of 63 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New London to Central Gardens should plan for substantially higher expenses across most categories.
On the housing front, median rent in Central Gardens is $798/month compared to $581/month in New London — a 37% difference. Home values follow the same pattern: New London is more affordable at $169,400 median vs $233,200.
Median household income in Central Gardens is $81,042 compared to $50,909 in New London (+59.2%). While Central Gardens is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Central Gardens spend roughly 11.8% of their income on rent, less than the 13.7% in New London.
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