Danvers, MA vs Haverhill, MA

There is a significant gap in the cost of living between these two cities. Haverhill is 21.8% cheaper than Danvers. With a cost index of 123 vs 150, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Haverhill to Danvers should plan for substantially higher expenses across most categories.

On the housing front, median rent in Danvers is $2,004/month compared to $1,620/month in Haverhill — a 24% difference. Home values follow the same pattern: Haverhill is more affordable at $426,900 median vs $611,200.

Median household income in Danvers is $117,072 compared to $87,675 in Haverhill (+33.5%). While Danvers is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Danvers spend roughly 20.5% of their income on rent, less than the 22.2% in Haverhill.

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