Rent & cost of living comparison
Salem, MA is 6% cheaper to rent than Danvers, MA, with median rents of $2,730 vs $2,899. Household income is higher in Danvers, MA ($125,395 vs $85,153). Salem, MA is more renter-heavy at 50.3% renters.
Source: U.S. Census Bureau ACS, Zillow ZORI, HUD Fair Market Rents
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