Haverhill, MA vs Wilmington, MA
There is a significant gap in the cost of living between these two cities. Haverhill is 25.5% cheaper than Wilmington. With a cost index of 123 vs 165, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Haverhill to Wilmington should plan for substantially higher expenses across most categories.
On the housing front, median rent in Haverhill is $1,620/month compared to $2,412/month in Wilmington — a 33% difference. Home values follow the same pattern: Haverhill is more affordable at $426,900 median vs $646,200.
Median household income in Haverhill is $87,675 compared to $161,473 in Wilmington (-45.7%). While Wilmington 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 17.9% in Wilmington.
Climate-wise, both cities share similar average temperatures (50.1°F vs 50.5°F). Wilmington receives more rainfall at 42.6" per year compared to 40.9" in Haverhill.
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