Sharon, MA vs Swampscott, MA
Sharon, MA and Swampscott, MA have a very similar cost of living, with only a 0.7% difference in their overall index. Sharon scores 164 while Swampscott scores 163 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 Sharon is $2,469/month compared to $2,223/month in Swampscott — a 11% difference. Interestingly, home values tell a different story: while Swampscott has cheaper rent, Sharon actually has lower median home values ($614,300 vs $690,800).
Median household income in Sharon is $183,239 compared to $128,964 in Swampscott (+42.1%). While Sharon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Sharon spend roughly 16.2% of their income on rent, less than the 20.7% in Swampscott.
Climate-wise, both cities share similar average temperatures (52°F vs 49.9°F). Swampscott receives more rainfall at 44.9" per year compared to 43.9" in Sharon.
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