Housing costs in Lowell?
A typical home costs
$273,700, which is 19.0% less expensive than the national average of
$338,100 and 23.5% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Lowell costs
$1,170 per month, which is 18.2% cheaper than the national average of
$1,430 and 16.2% more than the state average of
$980.
Can I afford Lowell?
To live comfortably in Lowell, Indiana, a minimum annual income of
$52,560 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Lowell?
Lowell, IN is an affordable place to live with a cost of living that is well below the national average. Housing costs are especially low, with the median home value coming in at just over $120,000. Groceries, health care, and transportation are also all relatively inexpensive compared to other areas. Utility costs are slightly higher than the national average but remain generally affordable. All in all, Lowell, IN offers its residents a great quality of life without a huge financial burden.