New London, CT vs Windsor Locks, CT

New London, CT and Windsor Locks, CT have a very similar cost of living, with only a 0.2% difference in their overall index. New London scores 94 while Windsor Locks scores 94 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 New London is $1,303/month compared to $1,290/month in Windsor Locks — a 1% difference. Interestingly, home values tell a different story: while Windsor Locks has cheaper rent, New London actually has lower median home values ($234,800 vs $236,800).

Median household income in New London is $60,123 compared to $90,417 in Windsor Locks (-33.5%). Windsor Locks offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New London spend roughly 26% of their income on rent, more than the 17.1% in Windsor Locks.