Everett, MA vs Lowell, MA
There is a significant gap in the cost of living between these two cities. Lowell is 24.2% cheaper than Everett. With a cost index of 120 vs 149, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lowell to Everett should plan for substantially higher expenses across most categories.
On the housing front, median rent in Everett is $1,988/month compared to $1,603/month in Lowell — a 24% difference. Home values follow the same pattern: Lowell is more affordable at $395,100 median vs $605,200.
Median household income in Everett is $79,658 compared to $76,205 in Lowell (+4.5%). Everett 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 Everett spend roughly 29.9% of their income on rent, more than the 25.2% in Lowell.
Climate-wise, both cities share similar average temperatures (51.9°F vs 50.1°F). Everett receives more rainfall at 43.6" per year compared to 40.9" in Lowell.
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