Lowell, AR, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Lowell stands at 92, which is 8% lower than the national average of 100. This makes Lowell an attractive option for those seeking more affordable living expenses.
Specifically, housing costs in Lowell are 8% below the average, while groceries and utilities are just 2% and 2% below the average, respectively. Transportation costs are 10% lower, while healthcare expenses are slightly lower at 12%. Miscellaneous costs are also 6% below the national average. This balanced distribution across categories makes Lowell a cost-effective choice for many.
Lowell, AR, presents a cost of living that is slightly below the nationwide average. The housing index in Lowell stands at 92, which is 8% lower than the national average of 100. This suggests that housing costs in Lowell are more affordable for residents and job seekers. Similarly, the groceries index is 95, indicating a 5% savings compared to the national average. This makes everyday food expenses more manageable for those living in Lowell.
Utilities in Lowell are priced at 98, which is 2% above the national average. While this is slightly higher, it remains close to the average, ensuring that essential services do not significantly impact the budget. Transportation costs in Lowell are 90, which is 10% lower than the national average. This makes commuting and other travel expenses more economical. Healthcare costs in Lowell are 88, which is 12% below the national average. This can be a significant advantage for those seeking affordable healthcare options. Lastly, the miscellaneous index is 94, which is 6% below the national average, offering additional savings in various other areas. Overall, Lowell provides a cost of living that is generally favorable for job seekers and residents.
