Cost of Living: Franklin Town, MA vs Lowell, MA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Franklin Town, MA versus $4,224/mo in Lowell, MA. In the model, rent is about 27.05% of gross in Franklin Town, MA versus 23.37% in Lowell, MA, so Lowell, MA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Franklin Town, MA and Lowell, MA.
At a glance
- Cheaper overall (lower cost-of-living index): Lowell, MA
- Lower rent (median 1BR/2BR): Lowell, MA
- Lower home prices: Lowell, MA
- Higher median household income: Franklin Town, MA
Cost of Living Index
Franklin Town, MA: 100 (U.S. = 100) · Lowell, MA: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Franklin Town, MA: $1,764/mo (midpoint of 1BR/2BR) · Lowell, MA: $1,523/mo
Median rent in Franklin Town, MA is $241/mo higher than in Lowell, MA.
Median Home Price
Franklin Town, MA: $567,100 · Lowell, MA: $395,100
Median home price in Franklin Town, MA is $172,000 higher than in Lowell, MA.
Median Household Income
Franklin Town, MA: $142,788 · Lowell, MA: $76,205
Franklin Town, MA has a higher median household income than Lowell, MA by $66,583.
Franklin Town, MA overview · Lowell, MA overview · Popular comparisons