Hobart, IN vs Lowell, IN

Hobart, IN and Lowell, IN have a very similar cost of living, with only a 4.5% difference in their overall index. Hobart scores 88 while Lowell scores 92 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 Hobart is $1,174/month compared to $1,222/month in Lowell — a 4% difference. Home values follow the same pattern: Hobart is more affordable at $203,400 median vs $236,900.

Median household income in Hobart is $71,680 compared to $83,125 in Lowell (-13.8%). While Lowell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hobart spend roughly 19.7% of their income on rent, more than the 17.6% in Lowell.