Haverhill, MA vs Norwood, MA

There is a significant gap in the cost of living between these two cities. Haverhill is 18.9% cheaper than Norwood. With a cost index of 123 vs 151, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Haverhill to Norwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Haverhill is $1,620/month compared to $2,056/month in Norwood — a 21% difference. Home values follow the same pattern: Haverhill is more affordable at $426,900 median vs $613,500.

Median household income in Haverhill is $87,675 compared to $97,110 in Norwood (-9.7%). The higher salaries in Norwood partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Haverhill spend roughly 22.2% of their income on rent, less than the 25.4% in Norwood.

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