Farmington, NH vs New London, NH

There is a significant gap in the cost of living between these two cities. Farmington is 25.9% cheaper than New London. With a cost index of 85 vs 115, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Farmington to New London should plan for substantially higher expenses across most categories.

On the housing front, median rent in Farmington is $957/month compared to $1,558/month in New London — a 39% difference. Home values follow the same pattern: Farmington is more affordable at $215,100 median vs $365,800.

Median household income in Farmington is $51,094 compared to $85,938 in New London (-40.5%). 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 Farmington spend roughly 22.5% of their income on rent, more than the 21.8% in New London.

Climate-wise, both cities share similar average temperatures (47.7°F vs 46°F). Farmington receives more rainfall at 41.2" per year compared to 38.1" in New London.