Residential comparison · 13 facts
Danvers, MA vs Peabody, MA
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Danvers needs about $85,500 in Peabody to keep the same lifestyle.
Coming from Peabody, $85,000 of lifestyle costs about $84,500 in Danvers.
A few differences
- Danvers is higher on median household income ($125,395 vs $96,657).
- Peabody is lower on cost of living index (128 vs 133).
- Peabody is lower on 2-bedroom rent ($2,028/mo vs $2,182/mo).
Danvers vs Peabody · facet by facet
| Facet | Danvers, MA | Peabody, MA |
|---|---|---|
| Median home price | $644,200 | $596,200 |
| 2-bedroom rent | $2,182/mo | $2,028/mo |
| Property tax rate | 1.14% | 1.14% |
| State & local income tax | 5% | 5% |
| Sales tax | 6.25% | 6.25% |
| Cost of living index | 133 | 128 |
| Groceries index | 108 | 108 |
| Utilities | $245/mo | $245/mo |
| Median household income | $125,395 | $96,657 |
| Unemployment rate | 3.6% | 3.6% |
| Crime index | 30/100 | 30/100 |
| School rating | 8.5/10 | 8.5/10 |
| Sunny days / year | 200 days | 200 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Danvers, MA · Peabody, MA
Questions & answers
- Is Danvers cheaper than Peabody?
- Peabody has the lower day-to-day cost index (128 vs 133 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Peabody equals $85,000 in Danvers?
- A household earning $85,000 in Danvers needs about $85,500 in Peabody to keep the same lifestyle; coming the other way, $85,000 of Peabody lifestyle costs about $84,500 in Danvers.