Meredith, NH vs New London, NH

Meredith, NH and New London, NH have a very similar cost of living, with only a 4.4% difference in their overall index. Meredith scores 110 while New London scores 115 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 Meredith is $1,255/month compared to $1,558/month in New London — a 19% difference. Interestingly, home values tell a different story: while Meredith has cheaper rent, New London actually has lower median home values ($365,800 vs $415,800).

Median household income in Meredith is $52,083 compared to $85,938 in New London (-39.4%). 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 Meredith spend roughly 28.9% of their income on rent, more than the 21.8% in New London.

Climate-wise, both cities share similar average temperatures (47.2°F vs 46°F). Meredith receives more rainfall at 42" per year compared to 38.1" in New London.