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The cost of living in Lowell, MI is quite reasonable compared to other cities in Michigan. According to AreaVibes, the cost of living index for Lowell is 86.7, which is 14.3 percent lower than the U.S average. Housing costs are the biggest contributor to this low cost of living with an index of 79, 15.9 percent lower than the U.S average. Those looking to open a business will also find that Lowell provides a favorable environment with an overall index rating of 95, 4.5 percent higher than the U.S average and a sales tax rate much lower than other Michigan cities at 6%.Our cost of living indices are based on a US average of 100. An amount below 100 means Lowell is cheaper than the US average. A cost of living index above 100 means Lowell, Michigan is more expensive.
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