Ipswich, MA vs Teaticket, MA
There is a significant gap in the cost of living between these two cities. Ipswich is 17.1% cheaper than Teaticket. With a cost index of 130 vs 156, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ipswich to Teaticket should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ipswich is $1,456/month compared to $2,604/month in Teaticket — a 44% difference. Interestingly, home values tell a different story: while Ipswich has cheaper rent, Teaticket actually has lower median home values ($488,700 vs $570,500).
Median household income in Ipswich is $92,969 compared to $85,669 in Teaticket (+8.5%). Ipswich offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ipswich spend roughly 18.8% of their income on rent, less than the 36.5% in Teaticket. The Ipswich ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
Climate-wise, both cities share similar average temperatures (49.9°F vs 50.2°F). Ipswich receives more rainfall at 44.9" per year compared to 42.1" in Teaticket.
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