Knox, IN vs Lowell, IN

The cost of living difference between Knox, IN and Lowell, IN is dramatic. Knox is 33.4% cheaper than Lowell, a gap that translates to thousands of dollars per year in household expenses. Knox has a cost index of 61 while Lowell sits at 92, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Knox is $613/month compared to $1,222/month in Lowell — a 50% difference. Home values follow the same pattern: Knox is more affordable at $125,300 median vs $236,900.

Median household income in Knox is $45,647 compared to $83,125 in Lowell (-45.1%). 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 Knox spend roughly 16.1% of their income on rent, less than the 17.6% in Lowell.