New London, NH vs Raymond, NH

There is a significant gap in the cost of living between these two cities. Raymond is 20.2% cheaper than New London. With a cost index of 96 vs 115, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Raymond to New London should plan for substantially higher expenses across most categories.

On the housing front, median rent in New London is $1,558/month compared to $1,092/month in Raymond — a 43% difference. Home values follow the same pattern: Raymond is more affordable at $292,200 median vs $365,800.

Median household income in New London is $85,938 compared to $70,804 in Raymond (+21.4%). 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 New London spend roughly 21.8% of their income on rent, more than the 18.5% in Raymond.

Climate-wise, both cities share similar average temperatures (46°F vs 46.9°F). Raymond receives more rainfall at 47" per year compared to 38.1" in New London.