Moose Lake, MN vs New London, MN

Moose Lake is moderately more affordable than New London, with a 6.5% lower cost of living index. Moose Lake scores 75 compared to 80 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 Moose Lake is $901/month compared to $960/month in New London — a 6% difference. Home values follow the same pattern: Moose Lake is more affordable at $205,000 median vs $209,300.

Median household income in Moose Lake is $61,576 compared to $66,830 in New London (-7.9%). 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 Moose Lake spend roughly 17.6% of their income on rent, more than the 17.2% in New London.

Climate-wise, both cities share similar average temperatures (41.4°F vs 42.5°F). Moose Lake receives more rainfall at 33.3" per year compared to 24.1" in New London.