Haverhill, MA vs Lowell, MA

Haverhill, MA and Lowell, MA have a very similar cost of living, with only a 2.6% difference in their overall index. Haverhill scores 123 while Lowell scores 120 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Haverhill is $1,620/month compared to $1,603/month in Lowell — a 1% difference. Home values follow the same pattern: Lowell is more affordable at $395,100 median vs $426,900.

Median household income in Haverhill is $87,675 compared to $76,205 in Lowell (+15.1%). While Haverhill is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Haverhill spend roughly 22.2% of their income on rent, less than the 25.2% in Lowell.

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