Housing costs in Lowell?
A typical home costs
$408,400, which is 20.8% more expensive than the national average of
$338,100 and 26.7% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Lowell costs
$1,890 per month, which is 11.7% cheaper than the national average of
$2,140 and 28.0% cheaper than the state average of
$2,420.
Can I afford Lowell?
To live comfortably in Lowell (zip 01852), Massachusetts, a minimum annual income of
$78,120 for a family, and
$62,400 for a single person is recommended.
What does A.I. say about Lowell?
The cost of living in 01852 Lowell, MA is slightly above the national average. According to Sperling's Best Places, the cost of living index is 108, which is 8% higher than the US average. Housing prices are relatively low compared to other cities in Massachusetts, with a median home value of $283,500. The cost of groceries and healthcare is also slightly higher than the national average. On the other hand, utilities are significantly lower than most places in America. Overall, 01852 Lowell has a reasonable cost of living that matches its high quality of life.