Haverhill, MA vs Milford, MA

Haverhill, MA and Milford, MA have a very similar cost of living, with only a 0.1% difference in their overall index. Haverhill scores 123 while Milford scores 123 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 $1,702/month in Milford — a 5% difference. Home values follow the same pattern: Haverhill is more affordable at $426,900 median vs $429,800.

Median household income in Haverhill is $87,675 compared to $88,992 in Milford (-1.5%). While Milford 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 23% in Milford.

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