Housing costs in Lowell?
A typical home costs
$132,600, which is 60.8% less expensive than the national average of
$338,100 and 32.7% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Lowell costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 24.1% cheaper than the state average of
$980.
Can I afford Lowell?
To live comfortably in Lowell, Ohio, a minimum annual income of
$25,560 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Lowell?
Lowell, OH has a cost of living that is 6% lower than the national average. This makes it an attractive place to live for people who are looking to stretch their money further. It is also known for its quality of life, with lower crime rates than many other cities and towns around the country. The median house price in Lowell is around $150,000 with rental prices ranging from about $550-$850 per month. Utility costs are relatively low compared to other similar sized cities. In addition, there are several restaurants and retailers within close proximity offering great deals for everyone in town. All in all, Lowell offers a great value for money when it comes to cost of living.