Cost of Living in Lowell, OR

With a cost of living index of 97, Lowell, OR is slightly more affordable than average. Living here is 3% cheaper than the national average and 9% below the Oregon state average of 106. Lowell is a small community of 1,221 residents.

Housing costs are the biggest factor in Lowell's cost of living. The median monthly rent is $1,086 (18% below the US median of $1,319), and the median home value sits at $339,800 (11% above the national median of $304,900). At current prices, the median home costs roughly 3.8x the median household income — a moderately affordable ratio by today's standards.

The median household income in Lowell is $90,078, which is 20% higher than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Lowell. The area sees an average annual temperature of 53.1°F, with summers averaging 66°F and winters around 42°F. Annual rainfall totals 40.8 inches spread over roughly 146 days.

Everyday prices in the Eugene-Springfield, OR (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.