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Lowell, MI vs Niles, MI

76
Lowell
Michigan
VS
+13.2%
67
Niles
Michigan

Niles is moderately more affordable than Lowell, with a 13.2% lower cost of living index. Lowell scores 76 compared to 67 for Niles, where the US average is 100. This difference means residents of Lowell can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lowell is $788/month compared to $869/month in Niles — a 9% difference. Interestingly, home values tell a different story: while Lowell has cheaper rent, Niles actually has lower median home values ($115,400 vs $231,100).

Median household income in Lowell is $71,406 compared to $47,815 in Niles (+49.3%). 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 Lowell spend roughly 13.2% of their income on rent, less than the 21.8% in Niles.

Income & Cost

Cost of Living Index
Lowell
76
Niles
67
12% cheaper
Median Household Income
Lowell
$71,406
33% higher
Niles
$47,815

Housing

Median Rent
Lowell
$788
9% cheaper
Niles
$869
Median Home Value
Lowell
$231,100
Niles
$115,400
50% cheaper
Population
Lowell
4,133
Niles
11,838

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lowell $2.88
Niles $2.88
US $3.07
🥚
Eggs (grade A, large)
Lowell $2.35
Niles $2.35
US $2.50
🥛
Milk (whole)
Lowell $3.79
Niles $3.79
US $4.03
🍞
Bread (white)
Lowell $1.74
Niles $1.74
US $1.85
🍗
Chicken breast
Lowell $3.90
Niles $3.90
US $4.14
Electricity
Lowell $0.18
Niles $0.18
US $0.19