Lowell, NC Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Lowell cost of living score
89
Less expensive
11.0% lower
than the US average
2.2% lower
than the North Carolina average
Lowell, North Carolina gets a BestPlaces Cost of Living score of 89, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.0% lower than the U.S. average and 2.2% higher than the average for North Carolina.

Lowell, NC

Housing costs in Lowell?
A typical home costs $257,200, which is 23.9% less expensive than the national average of $338,100 and 11.1% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Lowell costs $1,010 per month, which is 29.4% cheaper than the national average of $1,430 and 9.9% cheaper than the state average of $1,110.

Can I afford Lowell?
To live comfortably in Lowell, North Carolina, a minimum annual income of $49,320 for a family, and $36,000 for a single person is recommended.

What does A.I. say about Lowell?
Lowell, NC has an affordable cost of living compared to the U.S. overall. The estimated average housing cost is 9% lower than the national average, and the estimated median household income is 10% higher than the national average. Transportation costs are also generally lower in Lowell due to its close proximity to major cities like Charlotte, Asheville, and Winston-Salem. This makes it easy for residents to commute as needed. Additionally, grocery prices tend to be lower in Lowell than in other locations due to its rural location and access to local farms and produce markets. All in all, Lowell offers a great quality of life at a more reasonable price than many other places across the country.
   Cost of living score
     CategoriesLowellNorth CarolinaUnited States
  89.091.0100.0
  95.496.5100
  100.6107.2100.0
  72.383.1100.0
  $257,200$289,300$338,100
  98.6%99.2%100.0%
  84.583.9100.0
  88.489.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Lowell, NC cost of living
Compare food, housing, utilities, and more in Lowell, North Carolina to any other city in the US.