Lowell, AR, offers a cost of living that is generally lower than the nationwide average, which is set at 100. With a cost of living index of 90, the total expenses for essential goods and services are about 10% below the national average. This makes Lowell a more affordable place to live for many people.
Breaking down the categories, housing in Lowell stands at 85, which is 15% below the national average. This suggests that housing costs are notably lower in Lowell. Groceries cost 95, utilities are priced at 98, and transportation at 92. Healthcare is slightly below the average at 90, while miscellaneous expenses sit at 87. These figures indicate that while some costs are close to the average, others like housing are significantly cheaper.
Lowell, AR, presents a cost of living index that is notably lower than the nationwide average, which is set at 100. In Lowell, housing costs are 15% below the national average, with an index of 85. This suggests that residents can find more affordable housing compared to the average American. Furthermore, the transportation index of 92 indicates that getting around costs 8% less than the national average.
When it comes to groceries, Lowell scores an index of 95, which is only 5% below the national average. This means that food expenses are quite comparable to the national norm. Utilities in Lowell have an index of 98, slightly above the national average by 2%, suggesting minimal additional costs in this area. Healthcare costs in Lowell, with an index of 90, are 10% lower than the national average. Finally, miscellaneous costs in Lowell, with an index of 87, are also 13% below the national average. Overall, Lowell offers a more affordable living experience in multiple areas when compared to the national average.
