Gloucester, MA vs Revere, MA

Gloucester is moderately more affordable than Revere, with a 10.7% lower cost of living index. Gloucester scores 129 compared to 145 for Revere, where the US average is 100. This difference means residents of Revere 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 $1,966/month in Revere — a 29% difference. Interestingly, home values tell a different story: while Gloucester has cheaper rent, Revere actually has lower median home values ($566,200 vs $587,800).

Median household income in Gloucester is $87,898 compared to $81,121 in Revere (+8.4%). Gloucester offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gloucester spend roughly 19% of their income on rent, less than the 29.1% in Revere.

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