Gloucester, MA vs Haverhill, MA

Haverhill is moderately more affordable than Gloucester, with a 5.2% lower cost of living index. Gloucester scores 129 compared to 123 for Haverhill, where the US average is 100. This difference means residents of Gloucester can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gloucester is $1,395/month compared to $1,620/month in Haverhill — a 14% difference. Interestingly, home values tell a different story: while Gloucester has cheaper rent, Haverhill actually has lower median home values ($426,900 vs $587,800).

Median household income in Gloucester is $87,898 compared to $87,675 in Haverhill (+0.3%). Gloucester 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 Gloucester spend roughly 19% 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). Gloucester receives more rainfall at 44.9" per year compared to 40.9" in Haverhill.