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Lowell, MA vs Salem, MA

120
Lowell
Massachusetts
VS
-10.7%
134
Salem
Massachusetts

Lowell is moderately more affordable than Salem, with a 10.7% lower cost of living index. Lowell scores 120 compared to 134 for Salem, where the US average is 100. This difference means residents of Salem can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lowell is $1,603/month compared to $1,800/month in Salem — a 11% difference. Home values follow the same pattern: Lowell is more affordable at $395,100 median vs $497,400.

Median household income in Lowell is $76,205 compared to $85,137 in Salem (-10.5%). The higher salaries in Salem partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lowell spend roughly 25.2% of their income on rent, less than the 25.4% in Salem.

Climate-wise, both cities share similar average temperatures (50.1°F vs 49.9°F). Salem receives more rainfall at 44.9" per year compared to 40.9" in Lowell.

Income & Cost

Cost of Living Index
Lowell
120
11% cheaper
Salem
134
Median Household Income
Lowell
$76,205
Salem
$85,137
10% higher

Housing

Median Rent
Lowell
$1,603
11% cheaper
Salem
$1,800
Median Home Value
Lowell
$395,100
21% cheaper
Salem
$497,400
Population
Lowell
114,799
Salem
44,241

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lowell $3.09
Salem $3.09
US $3.07
🥚
Eggs (grade A, large)
Lowell $2.52
Salem $2.52
US $2.50
🥛
Milk (whole)
Lowell $4.06
Salem $4.06
US $4.03
🍞
Bread (white)
Lowell $1.87
Salem $1.87
US $1.85
🍗
Chicken breast
Lowell $4.18
Salem $4.18
US $4.14
Electricity
Lowell $0.33
Salem $0.33
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lowell 50.1°F
Salem 49.9°F
Summer High
Lowell 83°F
Salem 82°F
Winter Low
Lowell 19°F
Salem 20°F
Rainfall
Lowell 40.9"
Salem 44.9"
Rainy Days
Lowell 131d
Salem 138d