Haverhill, MA vs Reading, MA

There is a significant gap in the cost of living between these two cities. Haverhill is 19% cheaper than Reading. With a cost index of 123 vs 152, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Haverhill to Reading should plan for substantially higher expenses across most categories.

On the housing front, median rent in Haverhill is $1,620/month compared to $1,722/month in Reading — a 6% difference. Home values follow the same pattern: Haverhill is more affordable at $426,900 median vs $741,100.

Median household income in Haverhill is $87,675 compared to $163,725 in Reading (-46.4%). While Reading 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, more than the 12.6% in Reading.

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