Cost of living in New London, CT

New London is a Census city in New London County, CT. ACS 2024 5-year population is 27,625. Median gross rent is $1,340 (ACS 2024 5-year, this place). Median home value is $253,300. Median household income is $59,098. Insurance is the NAIC state average; food is a USDA plan — no town indexes.