Marblehead, MA vs Peabody, MA

There is a significant gap in the cost of living between these two cities. Peabody is 16.7% cheaper than Marblehead. With a cost index of 143 vs 167, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Peabody to Marblehead should plan for substantially higher expenses across most categories.

On the housing front, median rent in Marblehead is $1,769/month compared to $1,902/month in Peabody — a 7% difference. Interestingly, home values tell a different story: while Marblehead has cheaper rent, Peabody actually has lower median home values ($566,200 vs $906,200).

Median household income in Marblehead is $165,859 compared to $95,278 in Peabody (+74.1%). While Marblehead is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Marblehead spend roughly 12.8% of their income on rent, less than the 24% in Peabody.

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