Belmont, MA vs Haverhill, MA

The cost of living difference between Belmont, MA and Haverhill, MA is dramatic. Haverhill is 64.5% cheaper than Belmont, a gap that translates to thousands of dollars per year in household expenses. Belmont has a cost index of 202 while Haverhill sits at 123, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Belmont is $2,387/month compared to $1,620/month in Haverhill — a 47% difference. Home values follow the same pattern: Haverhill is more affordable at $426,900 median vs $1,108,800.

Median household income in Belmont is $178,188 compared to $87,675 in Haverhill (+103.2%). While Belmont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belmont spend roughly 16.1% of their income on rent, less than the 22.2% in Haverhill.

Climate-wise, both cities share similar average temperatures (50.5°F vs 50.1°F). Belmont receives more rainfall at 42.6" per year compared to 40.9" in Haverhill.