Rent & cost of living comparison
Median rents are similar: $2,933 in Malden, MA vs $2,969 in Melrose, MA. Household income is higher in Melrose, MA ($133,953 vs $100,606). Malden, MA is more renter-heavy at 58.7% renters.
Source: U.S. Census Bureau ACS, Zillow ZORI, HUD Fair Market Rents
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