The cost of living in Lowell, Arkansas, is lower than the nationwide average, which stands at 100. Lowell's overall cost of living index is 90, showing that residents spend about 10% less than the average American. The graph reveals that while housing is slightly below the average at 85, other areas like groceries and healthcare are very close to the national average. This indicates that Lowell is an affordable place for those considering a move.
Lowell, AR, offers a cost of living that is generally below the nationwide average, which is set at 100. The housing index in Lowell stands at 85, indicating that housing costs here are 15% lower than the national average. This affordability makes Lowell an attractive option for those seeking more economical living situations without sacrificing too much in terms of living standards.
When it comes to other expenses, Lowell remains competitive. The grocery index is at 95, only 5% higher than the average. Utilities in Lowell cost 90, which is also 10% below the national figure. Transportation and healthcare costs are close to the national average, with transportation at 90 and healthcare at 88, each showing minor savings. Miscellaneous expenses are slightly higher, with an index of 92, meaning they are 2% above the average. Overall, Lowell provides a cost-effective living environment with most indices hovering near or below the 100 mark set by the national average.