What is a pro or con of living in Peabody, Massachusettscompared to Dracut, Massachusetts?

Median Home Cost is 27% more expensive in Peabody.

What salary do I need to live in Peabody, Massachusetts copmared to Dracut, Massachusetts?

A salary of $50,000 in Dracut, Massachusetts should increase to $53,648 in Peabody, Massachusetts (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

DRACUT vs. PEABODY
Cost of Living Comparison

Dracut, Massachusetts vs. Peabody, Massachusetts

Cost of Living Comparison

The cost of living in Peabody, Massachusetts is 7.3% more expensive than Dracut, Massachusetts.

You would need a salary of $53,648 in Peabody, Massachusetts to maintain the standard of living you have in Dracut, Massachusetts.

Comparison highlights

• Overall, Peabody, Massachusetts is more expensive than Dracut, Massachusetts
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
27% more expensive in Peabody
than in Dracut, Massachusetts

Dracut, MA vs. Peabody, MA

Compared to Dracut, Peabody is:

Homeowner

No Child Care, Taxes not Considered

7.3% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

1.6% higher

Housing (Homeowner)

32.2% higher

Housing (Rent)

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Median Home Cost

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Utilities

5.3% lower

Commute

5.8% lower

Health

0.6% higher

Taxes

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Childcare

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Personal

11.7% lower

Cost of Food

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Dracut, Massachusetts vs. Peabody, Massachusetts

Cost of Living Comparison

Comparison highlights

Dracut, MA vs. Peabody, MA

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