Lowell, NC vs Summerfield, NC
There is a significant gap in the cost of living between these two cities. Lowell is 27.3% cheaper than Summerfield. With a cost index of 78 vs 108, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lowell to Summerfield should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lowell is $1,044/month compared to $1,148/month in Summerfield — a 9% difference. Home values follow the same pattern: Lowell is more affordable at $152,200 median vs $490,100.
Median household income in Lowell is $51,829 compared to $151,131 in Summerfield (-65.7%). While Summerfield 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 24.2% of their income on rent, more than the 9.1% in Summerfield.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area