Eldridge, IA vs New London, IA

There is a significant gap in the cost of living between these two cities. New London is 29% cheaper than Eldridge. With a cost index of 65 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New London to Eldridge should plan for substantially higher expenses across most categories.

On the housing front, median rent in Eldridge is $845/month compared to $772/month in New London — a 10% difference. Home values follow the same pattern: New London is more affordable at $118,900 median vs $329,400.

Median household income in Eldridge is $101,089 compared to $65,815 in New London (+53.6%). While Eldridge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eldridge spend roughly 10% of their income on rent, less than the 14.1% in New London.