Lowell, MA vs Woburn, MA
There is a significant gap in the cost of living between these two cities. Lowell is 24.1% cheaper than Woburn. With a cost index of 120 vs 158, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lowell to Woburn should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lowell is $1,603/month compared to $2,190/month in Woburn — a 27% difference. Home values follow the same pattern: Lowell is more affordable at $395,100 median vs $641,800.
Median household income in Lowell is $76,205 compared to $107,754 in Woburn (-29.3%). While Woburn is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lowell spend roughly 25.2% of their income on rent, more than the 24.4% in Woburn.
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