New London, WI vs South Milwaukee, WI
New London is moderately more affordable than South Milwaukee, with a 13.3% lower cost of living index. New London scores 71 compared to 82 for South Milwaukee, where the US average is 100. This difference means residents of South Milwaukee can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in New London is $822/month compared to $1,014/month in South Milwaukee — a 19% difference. Home values follow the same pattern: New London is more affordable at $162,800 median vs $216,400.
Median household income in New London is $61,447 compared to $70,146 in South Milwaukee (-12.4%). The higher salaries in South Milwaukee partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of New London spend roughly 16.1% of their income on rent, less than the 17.3% in South Milwaukee.
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