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Lowell, NC vs Summerfield, NC

78
Lowell
North Carolina
VS
-27.3%
108
Summerfield
North Carolina

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

Cost of Living Index
Lowell
78
27% cheaper
Summerfield
108
Median Household Income
Lowell
$51,829
Summerfield
$151,131
66% higher

Housing

Median Rent
Lowell
$1,044
9% cheaper
Summerfield
$1,148
Median Home Value
Lowell
$152,200
69% cheaper
Summerfield
$490,100
Population
Lowell
3,711
Summerfield
11,031

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lowell $2.96
Summerfield $2.97
US $3.07
🥚
Eggs (grade A, large)
Lowell $2.42
Summerfield $2.42
US $2.50
🥛
Milk (whole)
Lowell $3.89
Summerfield $3.90
US $4.03
🍞
Bread (white)
Lowell $1.79
Summerfield $1.79
US $1.85
🍗
Chicken breast
Lowell $4.00
Summerfield $4.01
US $4.14
Electricity
Lowell $0.16
Summerfield $0.16
US $0.19