New London, TX
Discover how far your salary goes in New London. Compare taxes, rent, and living costs.
958
None! 🎉
$1,190
/month
-15%
below avg
How far would your salary go in New London?
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Rent Prices in New London
Studio
$952
/month
$11,424/year
1 Bedroom
$1,190
/month
$14,280/year
2 Bedroom
$1,607
/month
$19,284/year
3 Bedroom
$2,083
/month
$24,996/year
Taxes in Texas
State Income Tax
Texas
No State Income Tax!
Texas doesn't tax wages—keep more of every paycheck.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workMore Affordable Alternatives
Cities with lower cost of living where your money goes further:
Frequently Asked Questions
What is the cost of living in New London, TX?▼
New London has a cost of living index of 111, which is 11% above the national average. A 1-bedroom apartment costs around $1,190/month.
What is the state income tax in Texas?▼
Texas has no state income tax! This can save you thousands of dollars per year compared to states with income tax.
How much is rent in New London?▼
The median rent for a 1-bedroom apartment in New London is $1,190/month. For a 2-bedroom, expect to pay around $1,607/month. This is 15% below the national average.
Is New London a good place to live?▼
New London is a small town with a population of 958. The cost of living is average, making it about average cost for the US. A major advantage is zero state income tax.
See the complete picture for New London
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