Louisiana, MO vs New London, MO

Louisiana is moderately more affordable than New London, with a 11.4% lower cost of living index. Louisiana scores 58 compared to 65 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.

On the housing front, median rent in Louisiana is $628/month compared to $748/month in New London — a 16% difference. Home values follow the same pattern: Louisiana is more affordable at $81,100 median vs $126,900.

Median household income in Louisiana is $46,006 compared to $47,292 in New London (-2.7%). New London does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Louisiana spend roughly 16.4% of their income on rent, less than the 19% in New London.