Salary Needed to Live in Lowell as a Couple

A couple sharing expenses without children needs approximately $31,560/year to live comfortably in Lowell, MA — including 12% savings.

Comfortable Salary
$31,560
with 12% savings
Bare Minimum
$26,300
no savings buffer
Monthly Expenses
$1,578
7% above national avg

Detailed Monthly Budget for a Couple in Lowell

ExpenseLowellNat'l AvgDiff
🏠 1-2BR Apartment Rent$158$137+15%
🛒 Groceries$31$27+15%
⚡ Utilities$18$19-5%
🚗 Transportation$30$35-14%
🛡️ Car Insurance$211$229-8%
🏥 Health Insurance$68$58+17%
Internet$72$65+11%
Phone (×2)$154$140+10%
Dining & Social$495$450+10%
Entertainment$198$180+10%
Personal Care (×2)$143$130+10%
Total Monthly$1,578$1,470+7%

How We Calculated the Salary

Monthly expenses:$1,578
Target savings (12%):$258/mo
Monthly after-tax needed:$1,836
Effective tax rate:28%

Gross annual salary needed:$31,560

Other Household Types in Lowell

Single Person
$22,761/yr
$1,176/mo expenses
Family with Kids
$67,368/yr
$3,200/mo expenses
Retiree
$23,534/yr
$1,314/mo expenses

Related Pages

Living Alone in LowellCity OverviewAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a couple (no kids) need in Lowell?
A couple (no kids) needs approximately $31,560/year ($2,630/month gross) to live comfortably in Lowell with a 12% savings rate.
How much is rent for a couple (no kids) in Lowell?
A 1-2br apartment in Lowell costs approximately $158/month, which is the largest single expense at 10% of the total budget.
Is Lowell affordable for a couple (no kids)?
Lowell is roughly average for couple (no kids) costs, requiring a salary close to the national median.
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