Ipswich, MA vs Lynnfield, MA
There is a significant gap in the cost of living between these two cities. Ipswich is 29.4% cheaper than Lynnfield. With a cost index of 130 vs 184, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ipswich to Lynnfield should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ipswich is $1,456/month compared to $2,333/month in Lynnfield — a 38% difference. Home values follow the same pattern: Ipswich is more affordable at $570,500 median vs $904,200.
Median household income in Ipswich is $92,969 compared to $172,484 in Lynnfield (-46.1%). While Lynnfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ipswich spend roughly 18.8% of their income on rent, more than the 16.2% in Lynnfield.
Climate-wise, both cities share similar average temperatures (49.9°F vs 49.9°F). Lynnfield receives more rainfall at 44.9" per year compared to 44.9" in Ipswich.
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