Lowell

Lowell, Massachusetts is a growing city with a population of approximately 114,296. The overall cost of living index sits at 118, which is above the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 18% more expensive compared to the typical U.S. city.

Housing is the largest cost driver in Lowell. Median rent is $2,262 per month, while the median home price is $471,792. At a median household income of $76,205, rent consumes roughly 36% of gross income, which represents a moderate housing cost burden. The housing sub-index of 144 highlights significantly elevated shelter costs.

Beyond housing, healthcare is the most elevated non-shelter expense in Lowell with a sub-index of 121, while utilities is comparatively more affordable at 108. State-level taxes also shape the true cost of living: Massachusetts applies a 5.00% income tax rate, and property tax averages 1.04% of assessed home value. The combined sales tax rate is 6.25%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Lowell has trended upward. Among the 4 tracked cities in Massachusetts, Lowell ranks #2 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Lowell actually costs.