Cost of Living in New London, MO

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16%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
51%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index New London Missouri National
Cost of living8490100
Groceries9896100
Health care9997100
Housing4977100
Transportation10096100
Utilities9995100
Lifestyle & Entertainment10095100
Household Items10197100
Education & Childcare9595100
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Homes For Sale In New London, MO

property for sale

56481 Turner Acres Pl

New London, MO
property for sale

12746 Thornberry Rd

New London, MO
property for sale

14168 Turkey Run Ct

New London, MO
property for sale

62419 Oak Hill Rd

New London, MO

Cost Of Living Quick Facts

  • The cost of living in New London is 7% lower than the Missouri average
  • The cost of living in New London is 16% lower than the national average
  • New London housing is 51% lower than the national average
  • Missouri general sales tax is 17% lower than the national average
  • Missouri state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around New London

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      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$82,298$6,858$1,920$2,469
      Renters$33,144$2,762$773$994

      Missouri Sales Tax

      State General Sales Tax With Max Surtax
      Missouri 4.225% 10.85%

      Missouri Income Tax

      State Income Tax (Low) Income Tax (High)
      Missouri 2% 4.95%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Ashburn, MO0991.4%
      Frankford, MO4648119.5%
      Center, MO4858119.4%
      Hull, IL4008119.0%
      Plainville, IL2928218.5%
      New London, MO9368416.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Ganado, AZ9367623.7%
      Thornton, CA93612625.6%
      Browerville, MN9368712.5%
      Unadilla, NY936945.6%
      Stockertown, PA9361099.0%
      New London, MO9368416.3%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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