Hartford, IA vs New London, IA
There is a significant gap in the cost of living between these two cities. New London is 24.6% cheaper than Hartford. With a cost index of 65 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New London to Hartford should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hartford is $1,138/month compared to $772/month in New London — a 47% difference. Home values follow the same pattern: New London is more affordable at $118,900 median vs $170,900.
Median household income in Hartford is $77,917 compared to $65,815 in New London (+18.4%). The higher salaries in Hartford partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hartford spend roughly 17.5% of their income on rent, more than the 14.1% in New London.
Climate-wise, both cities share similar average temperatures (49.5°F vs 51.9°F). New London receives more rainfall at 37.9" per year compared to 36.6" in Hartford.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)