City Comparison

Lowell vs Manhattan

Cost of Living Comparison · 2026

Lowell

Massachusetts
131
Expensive
$429,000
Median Home
$1,925/mo
Median Rent
$79,700
Median Income

Manhattan

New York
235
Very Expensive
$1.1M
Median Home
$4,200/mo
Median Rent
$93,651
Median Income

The Verdict

44.3%

Lowell is 44.3% less expensive than Manhattan overall. A household earning $75,000 in Lowell would need approximately $134,542 in Manhattan to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
152
Lowell
421
Manhattan
Groceries
104
Lowell
115
Manhattan
Utilities
151
Lowell
142
Manhattan
Transportation
108
Lowell
94
Manhattan
Healthcare
118
Lowell
112
Manhattan

Salary Equivalence

A $75,000 salary in Lowell has the same purchasing power as $134,542 in Manhattan.

Conversely, $75,000 in Manhattan equals $41,809 in Lowell.

Living in Lowell vs Manhattan

Housing Costs

Lowell's housing index of 152 is lower Manhattan's 421, translating to median home prices of $429,000 vs $1.1M. The $721,000 difference in home prices means roughly $46,860 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,925/mo in Lowell compared to $4,200/mo in Manhattan, a monthly difference of $2,275.

Grocery & Food Costs

Grocery expenses index at 104 in Lowell and 115 in Manhattan. A household spending the national average of $475/month on groceries would pay approximately $494/month in Lowell vs $546/month in Manhattan. Lowell offers a meaningful advantage on everyday food costs, saving roughly $624/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 151 in Lowell and 142 in Manhattan. Monthly utility bills average approximately $604 in Lowell vs $568 in Manhattan. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 118 in Lowell and 112 in Manhattan. 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 $79,700 in Lowell and $93,651 in Manhattan. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,840 and $39,851 respectively. Lowell residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,860/month to housing in Lowell vs $2,185/month in Manhattan. In Lowell, median rent of $1,925/mo exceeds this threshold, suggesting renters may feel stretched. In Manhattan, median rent of $4,200/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 269 index points — focus your budget analysis there.

Frequently Asked Questions

Lowell is 44.3% more affordable overall with an index of 131 vs 235.
A $75,000 salary in Lowell has equivalent purchasing power to approximately $134,542 in Manhattan, based on the cost of living difference.
Lowell's housing index is 152 with median homes at $429,000, while Manhattan's is 421 with median homes at $1.1M.

Moving & Relocation Resources

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