Cranston vs Lowell

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Salary Equivalence

A $75,000 salary in Cranston has the same purchasing power as $90,138 in Lowell.

Conversely, $75,000 in Lowell equals $62,405 in Cranston.

Living in Cranston vs Lowell

Housing Costs

Cranston's housing index of 135 is lower Lowell's 152, translating to median home prices of $395,000 vs $429,000. The $34,000 difference in home prices means roughly $2,208 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Cranston compared to $1,925/mo in Lowell, a monthly difference of $550.

Grocery & Food Costs

Grocery expenses index at 103 in Cranston and 104 in Lowell. A household spending the national average of $475/month on groceries would pay approximately $489/month in Cranston vs $494/month in Lowell. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 113 in Cranston and 151 in Lowell. Monthly utility bills average approximately $452 in Cranston vs $604 in Lowell. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 110 in Cranston and 118 in Lowell. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $90,200 in Cranston and $79,700 in Lowell. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $82,752 and $60,840 respectively. Cranston residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,105/month to housing in Cranston vs $1,860/month in Lowell. In Cranston, median rent of $1,375/mo fits within this budget. In Lowell, median rent of $1,925/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Utilities, where the gap is 38 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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