Median Income
$67,105
household / year
Median Home Value
$201,800
owner-occupied
Median Rent
$891
gross / month
Cost of Living
96
national avg = 100

Is New London, MN a Good Place to Live?

New London is a small town of 1,193 in Minnesota, with a median household income of $67,105 and a 1.1% unemployment rate. Its cost of living index is 96 (US average = 100), which is 4% below the national average.

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

Trade-offs: No major red flags stand out in the available data. 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: 96.0

New London's overall cost of living index is 96.0, where 100 represents the US national average. Living in New London costs roughly 4% less than the average American city.

Metric New London, MN National Avg
Median Home Value $201,800 $244,900
Median Monthly Rent $891 $1,163
Homeownership Rate 72.9% 65.9%
Median Household Income $67,105 $74,755

Crime & Safety

Safer than Average

New London's violent crime rate is 300.9 per 100,000 residents — 21% lower than the national average of ~380 per 100,000.

Violent Crime
300.9 /100k
Property Crime
986.1 /100k

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

Schools & Education

New London is served primarily by NEW LONDON-SPICER SCHOOL DISTRICT. The student-to-teacher ratio is 12.9:1 (better than the national average of ~16:1).

Metric New London, MN National Avg
School District NEW LONDON-SPICER SCHOOL DISTRICT —
Elementary Schools 1 —
Middle Schools 1 —
High Schools 2 —
Student/Teacher Ratio 12.9:1 16:1
Bachelor's Degree or Higher 34.2% 35.4%
High School Diploma or Higher 90.7% 91.1%

Weather & Climate

New London sees average highs of 20.3°F in January and 81.6°F in July, with 31.4 inches of annual precipitation and 50.2 inches of snow per year.

MetricNew London, MN
Average High — January20.3°F
Average High — July81.6°F
Annual Precipitation31.4"
Annual Snowfall50.2"

Demographics

MetricNew London, MNNational Avg
Population1,193—
Median Age37.338.9
Unemployment Rate1.1%3.7%
Avg Commute Time21.1 min26 min
White (non-Hispanic)92.7%59.3%
Black or African American0.0%13.6%
Hispanic or Latino4.6%18.9%
Asian0.1%6.3%
Under 1823.1%22.2%
65 and over24.1%16.8%

Nearby Cities

ZIP Codes in New London

New London, MN is covered by 1 ZIP code:

New London vs Other Cities

Frequently Asked Questions

New London's cost of living index is 96, where 100 is the national average. That makes New London roughly 4% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $201,800 and median rent is $891/month.
New London's violent crime rate is 300.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 986.1 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-SPICER SCHOOL DISTRICT. The district has 1 elementary, 1 middle, and 2 high schools. The student-to-teacher ratio is 12.9:1. 34.2% of adults 25+ hold a bachelor's degree or higher.
New London, MN has a population of 1,193, a median household income of $67,105, and an unemployment rate of 1.1%. 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 20.3°F in January and 81.6°F in July. Annual rainfall is 31.4 inches with about 50.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
New London, MN is covered by 1 ZIP code: 56273.
The population of New London, Minnesota is 1,193 with a median age of 37.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New London: cost of living index 96 (100 = US average), median home $201,800, median household income $67,105, crime index 66 (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.