New London, IA vs Cambridge City, IN: Cost of Living

Which city costs less?

Cambridge City, IN has a modeled overall cost index 5.8% higher than New London, IA.

New London, IA · modeled 2BR rent
$970 / month
Cambridge City, IN · modeled 2BR rent
$960 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare New London, IA and Cambridge City, IN using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
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Estimated extra cost: $298/month in Cambridge City, IN

$150,000 in your current city has a modeled equivalent of $153,577 in Cambridge City, IN

Regional cost estimates: New London, IA uses Des Moines, IA. Cambridge City, IN uses Indianapolis, IN. Available city ZIP rent estimates are shown separately.
Overall Cost
↑ 5.8%
More expensive
Monthly Impact
$298
Extra cost
Annual Impact
$3.6K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

New London, IA

Population:2K
Cost Index:
73.4
100 = national average
Typical Home:$172K

Cambridge City, IN

Population:2K
Cost Index:
77.6
100 = national average
Typical Home:$173K

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New London, IA

The Hawkeye State

2K
Population
State Tax
Yes

Located in Iowa, this city has a population of 2K residents.

Cambridge City, IN

The Hoosier State

2K
Population
State Tax
Yes

Located in Indiana, this city has a population of 2K residents.

Cost Breakdown by Category

Estimated monthly spending: New London, IA vs Cambridge City, IN

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Other
↑ 8.3%
New London, IA
$1,721
Cambridge City, IN
$1,863
Difference
$142
more
Healthcare
↓ 10.6%
New London, IA
$808
Cambridge City, IN
$723
Difference
$85.78
less
All Utilities
↑ 11.9%
New London, IA
$557
Cambridge City, IN
$624
Difference
$66.33
more
Groceries
↑ 5.8%
New London, IA
$1,079
Cambridge City, IN
$1,141
Difference
$62.05
more
Transportation
↑ 4.6%
New London, IA
$1,331
Cambridge City, IN
$1,392
Difference
$61.34
more
Housing
↑ 2.6%
New London, IA
$2,004
Cambridge City, IN
$2,055
Difference
$51.68
more

🏠Rent Comparison

Studio
From$670
To$730
↑ $60.00
1 Bed
From$740
To$730
↓ $10.00
2 Bed
From$970
To$960
↓ $10.00
3 Bed
From$1,260
To$1,190
↓ $70.00
New London, IAZIP-level data

1BR range: $740–$740/mo

Cambridge City, INZIP-level data

1BR range: $730–$730/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in New London, IA
$7,798
Monthly in Cambridge City, IN
$298
Difference

Home Values

New London
Cambridge City
$172K
Median Value
$173K
↑ +1.6%
YoY Change
↑ +6.3%
↑ +25.3%
5-Year Change
↑ +42.7%

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↑ $5.9K
Per year
Monthly Difference
$488
More take-home
Effective Rate Diff
3.9%
Rate difference

New London, IA

Federal Income Tax
Effective: 18.9%
$25.5K
Iowa State Tax
Effective: 7.1%
$10.7K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 31.8%
$47.7K
Take-Home Pay
$8,524/month
$102.3K

Cambridge City, IN

Federal Income Tax
Effective: 18.9%
$25.5K
Indiana State Tax
Effective: 3.2%
$4.8K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 27.9%
$41.9K
Take-Home Pay
$9,012/month
$108.1K

Additional Tax Information

New London, IA Tax Rates

Sales Tax:7.4%
Property Tax:1.5%

Cambridge City, IN Tax Rates

Sales Tax:7.0%
Property Tax:0.9%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

New London
Cambridge City
45 Good
Air Quality
54 Moderate
67.5%
Good Air Days
36.6%
92 Moderate
Climate Risk
97 High
🌡☀🌪
Top Hazards
🌊🌡🌪
▲+3.4°F
2050 Outlook
▲+3.1°F
25 days
Heat Days >95°F
18 days
▲+3.4°F
2050 Outlook
▲+3.1°F
25 days
Heat Days >95°F
18 days

Before moving from New London, IA to Cambridge City, IN

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Cambridge City, IN for the same bedroom count and included utilities as your home in New London, IA. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your New London to Cambridge City moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Cambridge City, IN by cost, housing, population and region.

Frequently Asked Questions: New London, IA vs Cambridge City, IN

How do the cost estimates for New London, IA and Cambridge City, IN compare?

Cambridge City, IN has a modeled overall cost index 5.8% higher than New London, IA. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in New London, IA, the model estimates $153,577 in Cambridge City, IN. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for New London, IA and Cambridge City, IN?

The modeled two-bedroom rents are $970/month in New London, IA and $960/month in Cambridge City, IN. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Iowa and Indiana on TaxTakeHome.com

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