Housing costs in Lowell?
A typical home costs
$403,300, which is 19.3% more expensive than the national average of
$338,100 and 27.6% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Lowell costs
$1,760 per month, which is 17.8% cheaper than the national average of
$2,140 and 37.5% cheaper than the state average of
$2,420.
Can I afford Lowell?
To live comfortably in Lowell (zip 01854), Massachusetts, a minimum annual income of
$77,400 for a family, and
$58,000 for a single person is recommended.
What does A.I. say about Lowell?
Living in 01854 Lowell, MA is relatively inexpensive compared to many other cities. The estimated median house price in the area is around $267,000. There are also a variety of rental options available at prices ranging from $1,000 to over $2,000 per month for an apartment or townhome. Other costs of living such as utilities, groceries and transportation are reasonable and comparable to the national average or slightly below. Overall, 01854 Lowell is an affordable place to live with plenty of amenities available for its residents.