Holbrook, MA vs Spencer, MA

The cost of living difference between Holbrook, MA and Spencer, MA is dramatic. Spencer is 30.6% cheaper than Holbrook, a gap that translates to thousands of dollars per year in household expenses. Holbrook has a cost index of 121 while Spencer sits at 92, 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 Holbrook is $1,522/month compared to $1,052/month in Spencer — a 45% difference. Home values follow the same pattern: Spencer is more affordable at $297,700 median vs $436,500.

Median household income in Holbrook is $107,768 compared to $59,618 in Spencer (+80.8%). While Holbrook is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Holbrook spend roughly 16.9% of their income on rent, less than the 21.2% in Spencer.

Climate-wise, both cities share similar average temperatures (49.7°F vs 48.1°F). Holbrook receives more rainfall at 53.3" per year compared to 48.3" in Spencer.