Vineyard Haven, MA vs Woods Hole, MA

Vineyard Haven, MA and Woods Hole, MA have a very similar cost of living, with only a 0.6% difference in their overall index. Vineyard Haven scores 146 while Woods Hole scores 145 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 Vineyard Haven is $1,379/month compared to $1,180/month in Woods Hole — a 17% difference. Interestingly, home values tell a different story: while Woods Hole has cheaper rent, Vineyard Haven actually has lower median home values ($815,000 vs $876,700).

Median household income in Vineyard Haven is $73,917 compared to $72,386 in Woods Hole (+2.1%). While Vineyard Haven is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Vineyard Haven spend roughly 22.4% of their income on rent, more than the 19.6% in Woods Hole.