Cost of Living in Lowell, MA

Population 114,799 · Massachusetts · Data vintage 2023

127
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Lowell cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $395,000, rents near $1,603 a month.

Cost Overview

Housing 130
Rent 122

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Lowell

The median home value in Lowell is $395,100 — 30% above the national median of $305,000. Median rent runs $1,603/month, 22% higher than the national median of $1,314/month. The median household income of $76,205/year is 2% higher than the US median of $74,580. The local unemployment rate is 5.4%, above the national average of 4.8%. Massachusetts's top state income tax rate is 9.0% and the combined sales tax is 6.3%. Overall, Lowell has a cost of living index of 127 versus the US average of 100, meaning it is 27% more expensive.

🏠 Housing

Median Home Value
$395,100
30% above avg
Zillow Home Value
$471,791
Zillow ZHVI
Median Rent
$1,603/mo
22% above avg
Zillow Rent
$2,261/mo
Zillow ZORI
Price-to-Rent Ratio
20.5x
Favors renting
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,429
1 BR
$1,498
2 BR
$1,963
3 BR
$2,405
4 BR
$2,811
Owner-occupied 44.0%
Renter-occupied 56.0%

💰 Estimated Monthly Budget

Rent median rent
$1,603
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,217/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
30.3 min
12% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.0%

Commute Mode

Drove alone
73.0%
Carpooled
8.6%
Public transit
2.0%
Walked
3.9%
Bicycle
0.4%
Work from home
10.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.0%
Total Sales Tax 6.3%
State rate 6.3%
Avg local rate 0.0%
Property Tax 1.2%

💼 Income & Employment

Median Household Income
$76,205
2% above avg
Per Capita Income
$36,138
Unemployment Rate
5.4%
12% above avg
Poverty Rate
16.0%
Labor Force Participation
67.4%

🎓 Education

Bachelor's degree+ 18.0%
Graduate degree 11.9%

👥 Demographics

Median Age 35.5
Male median age 34.9
Female median age 36.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
77%
Good air days/yr
101
Max AQI recorded
165
PM2.5 days
193
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

81%
4-Year Graduation Rate
13.4:1
Student-teacher ratio
27
Public schools
14,434
Total enrollment

Frequently Asked Questions

What is the cost of living in Lowell, MA?

Lowell has a cost index of 127 (100 = national average). It is 27% above the national average.

What is average rent in Lowell, MA?

The median gross rent in Lowell is $1,603 per month based on 2023 Census data.

What is the average home price in Lowell?

The median home value in Lowell is $395,100 according to Zillow and Census data.

What is the median income in Lowell?

The median household income in Lowell is $76,205 per year (2023 ACS 5-year estimates).

What is the sales tax in Lowell, MA?

The combined state and local sales tax rate in Lowell is 6.3%. The Massachusetts state income tax top rate is 9.0%.

Is Lowell, MA affordable?

Lowell is above average in cost of living, with an index of 127 — about 27% higher than the national average.

Lowell at a Glance

Population
114,799
Median Income
$76,205
Home Value
$395,100
Median Rent
$1,603/mo
Unemployment
5.4%
Sales Tax
6.3%
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🗺️ County data for Massachusetts

Explore county-level cost of living data

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