Austin, AR vs Lowell, AR

Austin, AR and Lowell, AR have a very similar cost of living, with only a 1.6% difference in their overall index. Austin scores 87 while Lowell scores 86 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Austin is $1,284/month compared to $1,080/month in Lowell — a 19% difference. Interestingly, home values tell a different story: while Lowell has cheaper rent, Austin actually has lower median home values ($209,800 vs $260,100).

Median household income in Austin is $93,315 compared to $92,986 in Lowell (+0.4%). Austin does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Austin spend roughly 16.5% of their income on rent, more than the 13.9% in Lowell.