New London, IA
Discover how far your salary goes in New London. Compare taxes, rent, and living costs.
1,910
6.0%
$952
/month
-32%
below avg
How far would your salary go in New London?
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Rent Prices in New London
Studio
$762
/month
$9,144/year
1 Bedroom
$952
/month
$11,424/year
2 Bedroom
$1,285
/month
$15,420/year
3 Bedroom
$1,666
/month
$19,992/year
Taxes in Iowa
State Income Tax
Iowa
For a $100k salary, that's ~$6,000/year in state taxes.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workFrequently Asked Questions
What is the cost of living in New London, IA?▼
New London has a cost of living index of 88, which is 12% below the national average. A 1-bedroom apartment costs around $952/month.
What is the state income tax in Iowa?▼
Iowa has a state income tax rate of approximately 6.0%. This is in addition to federal income tax.
How much is rent in New London?▼
The median rent for a 1-bedroom apartment in New London is $952/month. For a 2-bedroom, expect to pay around $1,285/month. This is 32% below the national average.
Is New London a good place to live?▼
New London is a small town with a population of 1,910. The cost of living is below average, making it more affordable than average for the US.
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