Franklin Town, MA vs Haverhill, MA

There is a significant gap in the cost of living between these two cities. Haverhill is 15.2% cheaper than Franklin Town. With a cost index of 123 vs 141, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Haverhill to Franklin Town should plan for substantially higher expenses across most categories.

On the housing front, median rent in Franklin Town is $1,856/month compared to $1,620/month in Haverhill — a 15% difference. Home values follow the same pattern: Haverhill is more affordable at $426,900 median vs $567,100.

Median household income in Franklin Town is $142,788 compared to $87,675 in Haverhill (+62.9%). While Franklin Town is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Franklin Town spend roughly 15.6% of their income on rent, less than the 22.2% in Haverhill.

Climate-wise, both cities share similar average temperatures (52°F vs 50.1°F). Franklin Town receives more rainfall at 43.9" per year compared to 40.9" in Haverhill.