Beverly, MA vs Lynn, MA

Lynn is moderately more affordable than Beverly, with a 11.4% lower cost of living index. Beverly scores 141 compared to 126 for Lynn, where the US average is 100. This difference means residents of Beverly can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Beverly is $1,683/month compared to $1,612/month in Lynn — a 4% difference. Home values follow the same pattern: Lynn is more affordable at $472,600 median vs $621,900.

Median household income in Beverly is $103,739 compared to $74,715 in Lynn (+38.8%). 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 25.9% in Lynn.

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