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New London, TX vs Springtown, TX

63
New London
Texas
VS
-33.2%
94
Springtown
Texas

The cost of living difference between New London, TX and Springtown, TX is dramatic. New London is 33.2% cheaper than Springtown, a gap that translates to thousands of dollars per year in household expenses. New London has a cost index of 63 while Springtown sits at 94, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in New London is $581/month compared to $1,305/month in Springtown — a 56% difference. Home values follow the same pattern: New London is more affordable at $169,400 median vs $223,600.

Median household income in New London is $50,909 compared to $70,254 in Springtown (-27.5%). The higher salaries in Springtown partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of New London spend roughly 13.7% of their income on rent, less than the 22.3% in Springtown.

Climate-wise, both cities share similar average temperatures (66.2°F vs 67.8°F). New London receives more rainfall at 45.3" per year compared to 32.6" in Springtown.

Income & Cost

Cost of Living Index
New London
63
33% cheaper
Springtown
94
Median Household Income
New London
$50,909
Springtown
$70,254
28% higher

Housing

Median Rent
New London
$581
55% cheaper
Springtown
$1,305
Median Home Value
New London
$169,400
24% cheaper
Springtown
$223,600
Population
New London
1,198
Springtown
3,493

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
New London $2.85
Springtown $3.18
US $3.07
🥚
Eggs (grade A, large)
New London $2.32
Springtown $2.59
US $2.50
🥛
Milk (whole)
New London $3.74
Springtown $4.17
US $4.03
🍞
Bread (white)
New London $1.72
Springtown $1.92
US $1.85
🍗
Chicken breast
New London $3.85
Springtown $4.29
US $4.14
Electricity
New London $0.17
Springtown $0.18
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
New London 66.2°F
Springtown 67.8°F
Summer High
New London 94°F
Springtown 97°F
Winter Low
New London 37°F
Springtown 37°F
Rainfall
New London 45.3"
Springtown 32.6"
Rainy Days
New London 97d
Springtown 72d