Malden, MA vs Newton, MA
There is a significant gap in the cost of living between these two cities. Malden is 27.9% cheaper than Newton. With a cost index of 151 vs 210, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Malden to Newton should plan for substantially higher expenses across most categories.
On the housing front, median rent in Malden is $2,066/month compared to $2,388/month in Newton — a 14% difference. Home values follow the same pattern: Malden is more affordable at $607,500 median vs $1,202,500.
Median household income in Malden is $95,298 compared to $184,989 in Newton (-48.5%). While Newton 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 15.5% in Newton.
Climate-wise, both cities share similar average temperatures (51.9°F vs 49.7°F). Newton receives more rainfall at 53.3" per year compared to 43.6" in Malden.
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