Lowell, IA vs Waterville, IA
Lowell, IA and Waterville, IA have a very similar cost of living, with only a 2.5% difference in their overall index. Lowell scores 81 while Waterville scores 80 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.
When it comes to buying, median home values in Lowell are $117,900 compared to $93,800 in Waterville, a 26% gap.
Median household income in Lowell is $116,786 compared to $48,750 in Waterville (+139.6%). While Lowell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, Lowell is notably warmer with an average of 51.9°F compared to 48.1°F in Waterville. Lowell receives more rainfall at 37.9" per year compared to 33.9" in Waterville.
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Climate
NOAA 30-year normals (1991-2020)