Haverhill, MA vs Lynn, MA

Haverhill, MA and Lynn, MA have a very similar cost of living, with only a 2.8% difference in their overall index. Haverhill scores 123 while Lynn scores 126 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 $1,612/month in Lynn — a 1% difference. Interestingly, home values tell a different story: while Lynn has cheaper rent, Haverhill actually has lower median home values ($426,900 vs $472,600).

Median household income in Haverhill is $87,675 compared to $74,715 in Lynn (+17.3%). Haverhill offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Haverhill spend roughly 22.2% of their income on rent, less than the 25.9% in Lynn.

Climate-wise, both cities share similar average temperatures (50.1°F vs 49.9°F). Lynn receives more rainfall at 44.9" per year compared to 40.9" in Haverhill.