New London, TX vs Reno city (Lamar County), TX

There is a significant gap in the cost of living between these two cities. New London is 25.7% cheaper than Reno city (Lamar County). With a cost index of 63 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New London to Reno city (Lamar County) should plan for substantially higher expenses across most categories.

On the housing front, median rent in New London is $581/month compared to $1,116/month in Reno city (Lamar County) — a 48% difference. Home values follow the same pattern: New London is more affordable at $169,400 median vs $211,100.

Median household income in New London is $50,909 compared to $85,179 in Reno city (Lamar County) (-40.2%). While Reno city (Lamar County) 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 13.7% of their income on rent, less than the 15.7% in Reno city (Lamar County).

Climate-wise, New London is notably warmer with an average of 66.2°F compared to 63.1°F in Reno city (Lamar County). New London receives more rainfall at 45.3" per year compared to 44.4" in Reno city (Lamar County).