Hubbard, OH vs New London, OH

Hubbard, OH and New London, OH have a very similar cost of living, with only a 0.2% difference in their overall index. Hubbard scores 66 while New London scores 65 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 Hubbard is $835/month compared to $819/month in New London — a 2% difference. Home values follow the same pattern: New London is more affordable at $98,400 median vs $123,600.

Median household income in Hubbard is $62,468 compared to $47,935 in New London (+30.3%). While Hubbard is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hubbard spend roughly 16% of their income on rent, less than the 20.5% in New London.