Cost of Living in New London, WI

Population 7,492 · Wisconsin · Data vintage 2023

57
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives New London a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $163,000. The labor market has been unusually tight, with unemployment around 2.4% — below most comparable cities in the state.

Located 40 miles west of Green Bay, New London falls within that metro's commuting orbit. Median home values run roughly 15% lower than Green Bay's $192,000.

Cost Overview

Housing 53
Rent 63

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in New London

The median home value in New London is $162,800 — 47% below the national median of $305,000. Median rent runs $822/month, 37% lower than the national median of $1,314/month. The median household income of $61,447/year is 18% lower than the US median of $74,580. The local unemployment rate is 2.4%, below the national average of 4.8%. Wisconsin's top state income tax rate is 7.7% and the combined sales tax is 5.4%. The climate averages highs of 55.3°F and lows of 37.3°F. Overall, New London has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.

🏠 Housing

Median Home Value
$162,800
47% below avg
Zillow Home Value
$276,769
Zillow ZHVI
Median Rent
$822/mo
37% below avg
Price-to-Rent Ratio
16.5x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$712
1 BR
$781
2 BR
$997
3 BR
$1,290
4 BR
$1,448
Owner-occupied 48.5%
Renter-occupied 51.5%

💰 Estimated Monthly Budget

Rent median rent
$822
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,436/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.5 min
2% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.8%

Commute Mode

Drove alone
77.9%
Carpooled
7.2%
Walked
7.9%
Work from home
6.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.7%
Total Sales Tax 5.4%
State rate 5.0%
Avg local rate 0.4%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$61,447
18% below avg
Per Capita Income
$28,464
Unemployment Rate
2.4%
51% below avg
Poverty Rate
17.5%
Labor Force Participation
64.0%

🎓 Education

Bachelor's degree+ 13.4%
Graduate degree 3.3%

👥 Demographics

Median Age 35.1
Male median age 33.3
Female median age 36.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
55.3°F
Avg Low
37.3°F
Annual Precip
30.6"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 263042556777817972594432
Low °F 111424364757616051402918
Precip" 1.110.831.742.893.604.653.693.203.002.761.821.27

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
15.3:1
Student-teacher ratio
7
Public schools
2,248
Total enrollment

Frequently Asked Questions

What is the cost of living in New London, WI?

New London has a cost index of 57 (100 = national average). It is 43% below the national average.

What is average rent in New London, WI?

The median gross rent in New London is $822 per month based on 2023 Census data.

What is the average home price in New London?

The median home value in New London is $162,800 according to Zillow and Census data.

What is the median income in New London?

The median household income in New London is $61,447 per year (2023 ACS 5-year estimates).

What is the sales tax in New London, WI?

The combined state and local sales tax rate in New London is 5.4%. The Wisconsin state income tax top rate is 7.7%.

Is New London, WI affordable?

Yes, New London is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.

What is the weather like in New London?

New London has average high temperatures of 55.3°F and average lows of 37.3°F. Annual precipitation is 30.6". Data from NOAA 1991–2020 Climate Normals.

New London at a Glance

Population
7,492
Median Income
$61,447
Home Value
$162,800
Median Rent
$822/mo
Unemployment
2.4%
Avg High Temp
55.3°F
Sales Tax
5.4%
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Explore county-level cost of living data

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