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Central Gardens, TX vs New London, TX

75
Central Gardens
Texas
VS
+19.9%
63
New London
Texas

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.

Income & Cost

Cost of Living Index
Central Gardens
75
New London
63
17% cheaper
Median Household Income
Central Gardens
$81,042
37% higher
New London
$50,909

Housing

Median Rent
Central Gardens
$798
New London
$581
27% cheaper
Median Home Value
Central Gardens
$233,200
New London
$169,400
27% cheaper
Population
Central Gardens
3,491
New London
1,198

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Central Gardens $2.85
New London $2.85
US $3.07
🥚
Eggs (grade A, large)
Central Gardens $2.32
New London $2.32
US $2.50
🥛
Milk (whole)
Central Gardens $3.74
New London $3.74
US $4.03
🍞
Bread (white)
Central Gardens $1.72
New London $1.72
US $1.85
🍗
Chicken breast
Central Gardens $3.85
New London $3.85
US $4.14
Electricity
Central Gardens $0.17
New London $0.17
US $0.19