Cost of Living in Lowell, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
122.1
100 = national avg
+22.1 vs national average
Living Wage (1 Adult)
$53,735
per year
Living Wage (Family of 4)
$127,011
per year
Cost Index by Category
Housing127.2
Food113.5
Transportation127.1
Healthcare110.8
Utilities113.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,082
per month
2 Bedroom
$1,317
per month
The overall cost of living index in Lowell is 122.1, which is 22.1% above the national average. Housing costs are above the national average at an index of 127.2. A single adult needs to earn approximately $53,735 per year to cover basic expenses.