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New Britain, CT vs New London, CT

88
New Britain
Connecticut
VS
-6.2%
94
New London
Connecticut

New Britain is moderately more affordable than New London, with a 6.2% lower cost of living index. New Britain scores 88 compared to 94 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 New Britain is $1,187/month compared to $1,303/month in New London — a 9% difference. Home values follow the same pattern: New Britain is more affordable at $207,300 median vs $234,800.

Median household income in New Britain is $57,036 compared to $60,123 in New London (-5.1%). The higher salaries in New London partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of New Britain spend roughly 25% of their income on rent, less than the 26% in New London.

Income & Cost

Cost of Living Index
New Britain
88
6% cheaper
New London
94
Median Household Income
New Britain
$57,036
New London
$60,123
5% higher

Housing

Median Rent
New Britain
$1,187
9% cheaper
New London
$1,303
Median Home Value
New Britain
$207,300
12% cheaper
New London
$234,800
Population
New Britain
73,301
New London
27,199

Salary Equivalency Calculator

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