New London, MO vs Vandalia, MO
Vandalia is moderately more affordable than New London, with a 6.2% lower cost of living index. New London scores 65 compared to 61 for Vandalia, 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 London is $748/month compared to $762/month in Vandalia — a 2% difference. Interestingly, home values tell a different story: while New London has cheaper rent, Vandalia actually has lower median home values ($75,600 vs $126,900).
Median household income in New London is $47,292 compared to $58,649 in Vandalia (-19.4%). Vandalia 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 19% of their income on rent, more than the 15.6% in Vandalia.
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