Swampscott, MA vs Woburn, MA

Swampscott, MA and Woburn, MA have a very similar cost of living, with only a 3.2% difference in their overall index. Swampscott scores 163 while Woburn scores 158 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 Swampscott is $2,223/month compared to $2,190/month in Woburn — a 2% difference. Home values follow the same pattern: Woburn is more affordable at $641,800 median vs $690,800.

Median household income in Swampscott is $128,964 compared to $107,754 in Woburn (+19.7%). While Swampscott is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Swampscott spend roughly 20.7% of their income on rent, less than the 24.4% in Woburn.