Danvers, MA vs Medford, MA

Danvers is moderately more affordable than Medford, with a 13.3% lower cost of living index. Danvers scores 150 compared to 172 for Medford, where the US average is 100. This difference means residents of Medford can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Danvers is $2,004/month compared to $2,477/month in Medford — a 19% difference. Home values follow the same pattern: Danvers is more affordable at $611,200 median vs $715,500.

Median household income in Danvers is $117,072 compared to $118,089 in Medford (-0.9%). Medford does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Danvers spend roughly 20.5% of their income on rent, less than the 25.2% in Medford.

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