Haverhill, MA vs Springfield, MA

The cost of living difference between Haverhill, MA and Springfield, MA is dramatic. Springfield is 42.1% cheaper than Haverhill, a gap that translates to thousands of dollars per year in household expenses. Haverhill has a cost index of 123 while Springfield sits at 86, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Haverhill is $1,620/month compared to $1,114/month in Springfield — a 45% difference. Home values follow the same pattern: Springfield is more affordable at $222,700 median vs $426,900.

Median household income in Haverhill is $87,675 compared to $51,339 in Springfield (+70.8%). 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 26% in Springfield.

Climate-wise, both cities share similar average temperatures (50.1°F vs 49.4°F). Springfield receives more rainfall at 45.2" per year compared to 40.9" in Haverhill.