Beverly, MA vs Lowell, MA

There is a significant gap in the cost of living between these two cities. Lowell is 17.6% cheaper than Beverly. With a cost index of 120 vs 141, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lowell to Beverly should plan for substantially higher expenses across most categories.

On the housing front, median rent in Beverly is $1,683/month compared to $1,603/month in Lowell — a 5% difference. Home values follow the same pattern: Lowell is more affordable at $395,100 median vs $621,900.

Median household income in Beverly is $103,739 compared to $76,205 in Lowell (+36.1%). While Beverly is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beverly spend roughly 19.5% of their income on rent, less than the 25.2% in Lowell.

Climate-wise, both cities share similar average temperatures (49.9°F vs 50.1°F). Beverly receives more rainfall at 44.9" per year compared to 40.9" in Lowell.