Beverly, MA vs Somerville, MA

There is a significant gap in the cost of living between these two cities. Beverly is 24.9% cheaper than Somerville. With a cost index of 141 vs 187, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Beverly to Somerville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Beverly is $1,683/month compared to $2,468/month in Somerville — a 32% difference. Home values follow the same pattern: Beverly is more affordable at $621,900 median vs $899,400.

Median household income in Beverly is $103,739 compared to $127,056 in Somerville (-18.4%). The higher salaries in Somerville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Beverly spend roughly 19.5% of their income on rent, less than the 23.3% in Somerville.

Climate-wise, both cities share similar average temperatures (49.9°F vs 51.9°F). Beverly receives more rainfall at 44.9" per year compared to 43.6" in Somerville.