Methuen Town, MA vs Newburyport, MA
There is a significant gap in the cost of living between these two cities. Methuen Town is 15.6% cheaper than Newburyport. With a cost index of 126 vs 149, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Methuen Town to Newburyport should plan for substantially higher expenses across most categories.
On the housing front, median rent in Methuen Town is $1,610/month compared to $1,511/month in Newburyport — a 7% difference. Interestingly, home values tell a different story: while Newburyport has cheaper rent, Methuen Town actually has lower median home values ($472,200 vs $792,400).
Median household income in Methuen Town is $103,270 compared to $144,259 in Newburyport (-28.4%). While Newburyport is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Methuen Town spend roughly 18.7% of their income on rent, more than the 12.6% in Newburyport.
Climate-wise, both cities share similar average temperatures (50.1°F vs 50.1°F). Newburyport receives more rainfall at 40.9" per year compared to 40.9" in Methuen Town.
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NOAA 30-year normals (1991-2020)