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Cost of Living in New London, IN

Population: 179 | Indiana

87
Cost of Living Index
US Average = 100

New London is 13% less expensive than the national average.

100
Housing
59
Home Values
93
Regional Price

Cost of Living in New London, IN: What You Need to Know

With a cost of living index of 87, New London, IN is a very affordable place to live. Living here is 13% cheaper than the national average and 9% above the Indiana state average of 78. New London is a small community of 179 residents.

The median household income in New London is $51,786, which is 31% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.

Income

Median Household Income
$51,786
vs US Median ($75,149)
-31%

Housing

Median Home Value
$179,200
Median Monthly Housing Cost
$686/mo
→ Best Places to Live in Indiana (2026)

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