Cost of Living in New London, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.2
100 = national avg
-21.8 vs national average
Living Wage (1 Adult)
$34,406
per year
Living Wage (Family of 4)
$81,324
per year
Cost Index by Category
Housing73.2
Food86.6
Transportation73.3
Healthcare89.3
Utilities86.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in New London is 78.2, which is 21.8% below the national average. Housing costs are below the national average at an index of 73.2. A single adult needs to earn approximately $34,406 per year to cover basic expenses.