Housing costs in Lowell?
A typical home costs
$300,800, which is 11.0% less expensive than the national average of
$338,100 and 65.5% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Lowell costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 10.6% more than the state average of
$840.
Can I afford Lowell?
To live comfortably in Lowell, Arkansas, a minimum annual income of
$57,600 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Lowell?
Lowell, AR is a relatively affordable place to live in terms of cost of living. According to BestPlaces, the cost of living index is 84.9, which is lower than the US average. This means that it's generally cheaper to live in Lowell than most other cities and towns. Basic necessities like food and utilities are much more reasonable here, while also offering amenities such as good schools and parks throughout the city itself. The median home price in Lowell is $166,000, which is much lower than the national median home price of $229,700. All in all, Lowell offers many advantages for its residents at an attractive cost of living.