Lynnfield, MA vs Spencer, MA

The cost of living difference between Lynnfield, MA and Spencer, MA is dramatic. Spencer is 98.7% cheaper than Lynnfield, a gap that translates to thousands of dollars per year in household expenses. Lynnfield has a cost index of 184 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 Lynnfield is $2,333/month compared to $1,052/month in Spencer — a 122% difference. Home values follow the same pattern: Spencer is more affordable at $297,700 median vs $904,200.

Median household income in Lynnfield is $172,484 compared to $59,618 in Spencer (+189.3%). 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 Lynnfield spend roughly 16.2% of their income on rent, less than the 21.2% in Spencer.

Climate-wise, both cities share similar average temperatures (49.9°F vs 48.1°F). Spencer receives more rainfall at 48.3" per year compared to 44.9" in Lynnfield.