Jackson, MN vs New London, MN

There is a significant gap in the cost of living between these two cities. Jackson is 19.1% cheaper than New London. With a cost index of 65 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Jackson to New London should plan for substantially higher expenses across most categories.

On the housing front, median rent in Jackson is $702/month compared to $960/month in New London — a 27% difference. Home values follow the same pattern: Jackson is more affordable at $118,900 median vs $209,300.

Median household income in Jackson is $57,328 compared to $66,830 in New London (-14.2%). The higher salaries in New London partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Jackson spend roughly 14.7% of their income on rent, less than the 17.2% in New London.

Climate-wise, both cities share similar average temperatures (44.6°F vs 42.5°F). Jackson receives more rainfall at 29.3" per year compared to 24.1" in New London.