Malden, MA vs Milton, MA
Malden, MA and Milton, MA have a very similar cost of living, with only a 4.2% difference in their overall index. Malden scores 151 while Milton scores 158 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Malden is $2,066/month compared to $1,503/month in Milton — a 38% difference. Interestingly, home values tell a different story: while Milton has cheaper rent, Malden actually has lower median home values ($607,500 vs $896,500).
Median household income in Malden is $95,298 compared to $178,053 in Milton (-46.5%). While Milton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Malden spend roughly 26% of their income on rent, more than the 10.1% in Milton.
Climate-wise, both cities share similar average temperatures (51.9°F vs 49.7°F). Milton receives more rainfall at 53.3" per year compared to 43.6" in Malden.
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Climate
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