Hayward, WI vs New London, WI

Hayward, WI and New London, WI have a very similar cost of living, with only a 2.9% difference in their overall index. Hayward scores 69 while New London scores 71 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hayward is $691/month compared to $822/month in New London — a 16% difference. Interestingly, home values tell a different story: while Hayward has cheaper rent, New London actually has lower median home values ($162,800 vs $184,200).

Median household income in Hayward is $40,085 compared to $61,447 in New London (-34.8%). 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 Hayward spend roughly 20.7% of their income on rent, more than the 16.1% in New London.