Cost of Living: Salem, 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 Salem, MA versus $4,224/mo in Lowell, MA. In the model, rent is about 26.23% of gross in Salem, 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 Salem, 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: Salem, MA
Cost of Living Index
Salem, 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
Salem, MA: $1,710/mo (midpoint of 1BR/2BR) · Lowell, MA: $1,523/mo
Median rent in Salem, MA is $187/mo higher than in Lowell, MA.
Median Home Price
Salem, MA: $497,400 · Lowell, MA: $395,100
Median home price in Salem, MA is $102,300 higher than in Lowell, MA.
Median Household Income
Salem, MA: $85,137 · Lowell, MA: $76,205
Salem, MA has a higher median household income than Lowell, MA by $8,932.
Salem, MA overview · Lowell, MA overview · Popular comparisons