Melrose, MA vs Revere, MA

Revere is moderately more affordable than Melrose, with a 12.3% lower cost of living index. Melrose scores 163 compared to 145 for Revere, where the US average is 100. This difference means residents of Melrose can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Melrose is $1,933/month compared to $1,966/month in Revere — a 2% difference. Interestingly, home values tell a different story: while Melrose has cheaper rent, Revere actually has lower median home values ($566,200 vs $796,100).

Median household income in Melrose is $126,854 compared to $81,121 in Revere (+56.4%). While Melrose is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Melrose spend roughly 18.3% of their income on rent, less than the 29.1% in Revere.

Climate-wise, both cities share similar average temperatures (51.9°F vs 51.9°F). Revere receives more rainfall at 43.6" per year compared to 43.6" in Melrose.