Lowell, IN Cost Of Living

The latest cost of living statistics for Lowell. Includes statistics on rent, mortgages, healthcare, and other costs for Lowell compared to the state and national averages.

Cost of living in Lowell, Indiana

Cost of living in Lowell research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lowell is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Indiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

98 Cost of living index 1.0x lower vs US
#107 Cheapest in Indiana (of 129)
#2,232 Cheapest in the U.S. (of 6,489)
$329,211 Median home value
$1,123 Median rent
$84,024 Median income
Not sure Lowell fits your budget? Try our place-match quiz →

What is the cost of living in Lowell, IN?

According to the most recent data on the cost of living, Lowell has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.

Compared to Indiana, Lowell has a cost of living index that's 1.1x higher than Indiana's index of 90.

The standard of living in Lowell ranks as #107 most affordable out of the 129 places we measured in Indiana. By definition, that implies Lowell ranks as the #22 most expensive place in the Hoosier State.

For more reading on life in Lowell, check out:

Lowell Cost Of Living Vs. Indiana

Six factors go into calculating the cost of living index in Lowell. Here is how it fares on each of the criteria:

  • The Services index in Lowell is 95.

  • The Groceries index in Lowell is 98.

  • The Health index in Lowell is 102.

  • The Housing index in Lowell is 93.

  • The Transportation index in Lowell is 92.

  • The Utilities index in Lowell is 97.

Living Expense Lowell Indiana National Average
Overall 98 90 100
Services 95 97 100
Groceries 98 95 100
Health 102 72 100
Housing 93 98 100
Transportation 92 94 100
Utilities 97 96 100

Lowell Cost Of Living Compared To Indiana Averages

Services
Lowell 95
Indiana avg 97
Groceries
Lowell 98
Indiana avg 95
Health
Lowell 102
Indiana avg 72
Housing
Lowell 93
Indiana avg 98
Transportation
Lowell 92
Indiana avg 94
Utilities
Lowell 97
Indiana avg 96

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Indiana, check out:

Protect your home budget Compare home warranties in Lowell Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Lowell, IN Housing Cost Breakdown

$329,211Median Home Value
$1,123Median Rent
$84,024Median Income

Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Lowell is $329,211.

  • The Median Rent in Lowell is $1,123.

  • The Median Income in Lowell is $84,024.

  • The Home Value To Income in Lowell is 3.9x.

  • The Rent To Monthly Income in Lowell is 0.16x.

Statistic Lowell Indiana United States
Median Home Value $329,211 $254,121 $332,700
Median Rent $1,123 $1,062 $1,413
Median Income $84,024 $71,957 $80,734
Home Value To Income 3.9x 3.5x 4.1x
Rent To Monthly Income 0.16x 0.18x 0.21x

Lowell, IN Costs By Category

Detailed Lowell Services costs vs. Indiana
Item Lowell Indiana
Shampoo $1.46 $1.28
Movie $8.75 $12.13
Bowling $18.33 $18
Haircut $23.56 $24.26
Beauty Salon $42.28 $45.56
Detailed Lowell Groceries costs vs. Indiana
Item Lowell Indiana
Ground Beef $6.31 $5.84
Fried Chicken $1.39 $1.57
Milk $4.63 $4.67
Potatoes $4.96 $4.93
Pizza $13.8 $12.09
Beer $10.43 $10.41
Toothpaste $3.77 $3.7
Detailed Lowell Health costs vs. Indiana
Item Lowell Indiana
Optometrist $93.66 $125.68
Doctor $120.22 $135.78
Dentist $113.44 $113.29
Detailed Lowell Transportation costs vs. Indiana
Item Lowell Indiana
Gasoline $3.17 $3.46
Tire Balancing $61.36 $59.92
Detailed Lowell Utilities costs vs. Indiana
Item Lowell Indiana
All Electricity $157.45 $193.99
Phone $197.49 $192.25

Lowell SnackAbility

6Overall SnackAbility
Jobs 8/10
Housing 8/10
Affordability 8/10
Diversity 5/10
Safety 9/10
Amenities 8.5/10
Education 8.5/10
Commute 4/10

Cost Of Living In Cities Around Lowell

The cost of living varies in the cities and towns around Lowell. Here's a quick look at the cost of living in the most populous nearby places:

  • Crown Point, IN has a cost of living index of 103, 1.1x Lowell.

  • Lansing, IL has a cost of living index of 93, 0.9x Lowell.

  • Munster, IN has a cost of living index of 104, 1.1x Lowell.

City Population Cost Of Living Vs. Lowell
Crown Point, IN 34,393 103 1.1x
Lansing, IL 28,284 93 0.9x
Munster, IN 23,733 104 1.1x
St. John, IN 22,567 110 1.1x
Park Forest, IL 21,156 92 0.9x
Dyer, IN 16,400 107 1.1x
Cedar Lake, IN 15,295 98 1.0x
Steger, IL 9,418 90 0.9x
Lynwood, IL 9,083 98 1.0x
Glenwood, IL 8,603 101 1.0x