Laketon, IN vs New London, IN

Laketon is moderately more affordable than New London, with a 10.1% lower cost of living index. Laketon scores 79 compared to 87 for New London, where the US average is 100. This difference means residents of New London can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Laketon are $196,700 compared to $179,200 in New London, a 10% gap.

Median household income in Laketon is $78,750 compared to $51,786 in New London (+52.1%). Laketon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.