Cost of Living in Lowell, IN
Population 10,911 · Indiana · Data vintage 2023
(100 = US avg)
Lowell sits on the smaller end of the Indiana city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Geographically, Lowell is about 40 miles southeast of Chicago, the nearest large metro. Median home values run roughly 25% lower than Chicago's $315,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lowell
The median home value in Lowell is $236,900 — 22% below the national median of $305,000. Median rent runs $1,222/month, 7% lower than the national median of $1,314/month. The median household income of $83,125/year is 11% higher than the US median of $74,580. The local unemployment rate is 5.5%, above the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. Overall, Lowell has a cost of living index of 84 versus the US average of 100, meaning it is 16% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Lowell, IN?
Lowell has a cost index of 84 (100 = national average). It is 16% below the national average.
What is average rent in Lowell, IN?
The median gross rent in Lowell is $1,222 per month based on 2023 Census data.
What is the average home price in Lowell?
The median home value in Lowell is $236,900 according to Zillow and Census data.
What is the median income in Lowell?
The median household income in Lowell is $83,125 per year (2023 ACS 5-year estimates).
What is the sales tax in Lowell, IN?
The combined state and local sales tax rate in Lowell is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Lowell, IN affordable?
Yes, Lowell is generally considered affordable, with a cost of living index of 84 — about 16% below the US national average of 100.
Lowell at a Glance
- Population
- 10,911
- Median Income
- $83,125
- Home Value
- $236,900
- Median Rent
- $1,222/mo
- Unemployment
- 5.5%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
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