Fenton, MI vs Lowell, MI

There is a significant gap in the cost of living between these two cities. Lowell is 20.7% cheaper than Fenton. With a cost index of 76 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lowell to Fenton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fenton is $1,323/month compared to $788/month in Lowell — a 68% difference. Interestingly, home values tell a different story: while Lowell has cheaper rent, Fenton actually has lower median home values ($211,700 vs $231,100).

Median household income in Fenton is $83,077 compared to $71,406 in Lowell (+16.3%). The higher salaries in Fenton partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Fenton spend roughly 19.1% of their income on rent, more than the 13.2% in Lowell.