Lowell vs Springfield
Cost of Living Comparison · 2026
Lowell
Springfield
The Verdict
Springfield is 22.4% less expensive than Lowell overall. A household earning $75,000 in Lowell would need approximately $61,260 in Springfield to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Lowell has the same purchasing power as $61,260 in Springfield.
Conversely, $75,000 in Springfield equals $91,822 in Lowell.
Living in Lowell vs Springfield
Housing Costs
Lowell's housing index of 152 is higher Springfield's 106, translating to median home prices of $429,000 vs $230,000. The $199,000 difference in home prices means roughly $12,936 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,925/mo in Lowell compared to $1,200/mo in Springfield, a monthly difference of $725.
Grocery & Food Costs
Grocery expenses index at 104 in Lowell and 104 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $494/month in Lowell vs $494/month in Springfield. 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 151 in Lowell and 119 in Springfield. Monthly utility bills average approximately $604 in Lowell vs $476 in Springfield. 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 118 in Lowell and 114 in Springfield. 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 $41,612 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,840 and $38,890 respectively. Lowell residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,860/month to housing in Lowell vs $971/month in Springfield. In Lowell, median rent of $1,925/mo exceeds this threshold, suggesting renters may feel stretched. In Springfield, median rent of $1,200/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 46 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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