Revere, MA vs Wakefield, MA

Revere, MA and Wakefield, MA have a very similar cost of living, with only a 3.8% difference in their overall index. Revere scores 145 while Wakefield scores 150 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 Revere is $1,966/month compared to $1,872/month in Wakefield — a 5% difference. Interestingly, home values tell a different story: while Wakefield has cheaper rent, Revere actually has lower median home values ($566,200 vs $670,100).

Median household income in Revere is $81,121 compared to $130,320 in Wakefield (-37.8%). While Wakefield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Revere spend roughly 29.1% of their income on rent, more than the 17.2% in Wakefield.

Climate-wise, both cities share similar average temperatures (51.9°F vs 49.9°F). Wakefield receives more rainfall at 44.9" per year compared to 43.6" in Revere.