Median Income
$56,237
household / year
Median Home Value
$220,300
owner-occupied
Median Rent
$1,178
gross / month
Cost of Living
97
national avg = 100

Is New London, CT a Good Place to Live?

New London is a small city of 27,596 in Connecticut, with a median household income of $56,237 and a 7.1% unemployment rate. Its cost of living index is 97 (US average = 100), which is 3% below the national average.

Strengths: New London stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B+), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether New London is right for you depends on your priorities — the full breakdown is below.

All New London city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 96.8

New London's overall cost of living index is 96.8, where 100 represents the US national average. Living in New London costs roughly 3% less than the average American city.

Metric New London, CT National Avg
Median Home Value $220,300 $244,900
Median Monthly Rent $1,178 $1,163
Homeownership Rate 41.1% 65.9%
Median Household Income $56,237 $74,755

Crime & Safety

Very Safe

New London's violent crime rate is 201.1 per 100,000 residents — 47% lower than the national average of ~380 per 100,000.

Violent Crime
201.1 /100k
Property Crime
1393.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

New London is served primarily by New London School District. The student-to-teacher ratio is 10.0:1 (better than the national average of ~16:1).

Metric New London, CT National Avg
School District New London School District
Elementary Schools 3
Middle Schools 2
High Schools 3
Student/Teacher Ratio 10.0:1 16:1
Bachelor's Degree or Higher 26.8% 35.4%
High School Diploma or Higher 87.5% 91.1%

Weather & Climate

New London sees average highs of 38.3°F in January and 79.8°F in July, with 50.4 inches of annual precipitation and 24.5 inches of snow per year.

MetricNew London, CT
Average High — January38.3°F
Average High — July79.8°F
Annual Precipitation50.4"
Annual Snowfall24.5"

Demographics

MetricNew London, CTNational Avg
Population27,596
Median Age35.538.9
Unemployment Rate7.1%3.7%
Avg Commute Time20.1 min26 min
White (non-Hispanic)56.2%59.3%
Black or African American17.0%13.6%
Hispanic or Latino19.2%18.9%
Asian2.3%6.3%
Under 1816.5%22.2%
65 and over14.7%16.8%

Nearby Cities

ZIP Codes in New London

New London, CT is covered by 1 ZIP code:

New London vs Other Cities

Frequently Asked Questions

New London's cost of living index is 97, where 100 is the national average. That makes New London roughly 3% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $220,300 and median rent is $1,178/month.
New London's violent crime rate is 201.1 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1393.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in New London are operated by New London School District. The district has 3 elementary, 2 middle, and 3 high schools. The student-to-teacher ratio is 10.0:1. 26.8% of adults 25+ hold a bachelor's degree or higher.
New London, CT has a population of 27,596, a median household income of $56,237, and an unemployment rate of 7.1%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New London averages 38.3°F in January and 79.8°F in July. Annual rainfall is 50.4 inches with about 24.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
New London, CT is covered by 1 ZIP code: 06320.
The population of New London, Connecticut is 27,596 with a median age of 35.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New London: cost of living index 97 (100 = US average), median home $220,300, median household income $56,237, crime index 58 (100 = US average, lower is safer), schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare New London side by side with your current city to see the trade-offs.