Salary Needed to Live in Lowell as a Single

A single adult living independently needs approximately $22,761/year to live comfortably in Lowell, MA — including 10% savings.

Comfortable Salary
$22,761
with 10% savings
Bare Minimum
$19,600
no savings buffer
Monthly Expenses
$1,176
7% above national avg

Detailed Monthly Budget for a Single in Lowell

ExpenseLowellNat'l AvgDiff
🏠 Studio/1BR Rent$130$113+15%
🛒 Groceries$20$17+18%
⚡ Utilities$13$14-7%
🚗 Transportation$23$26-12%
🛡️ Car Insurance$211$229-8%
🏥 Health Insurance$68$58+17%
Internet$72$65+11%
Phone$94$85+11%
Dining & Social$330$300+10%
Entertainment$132$120+10%
Personal Care$83$75+11%
Total Monthly$1,176$1,102+7%

How We Calculated the Salary

Monthly expenses:$1,176
Target savings (10%):$152/mo
Monthly after-tax needed:$1,328
Effective tax rate:28%

Gross annual salary needed:$22,761

Other Household Types in Lowell

Couple (No Kids)
$31,560/yr
$1,578/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 single person need in Lowell?
A single person needs approximately $22,761/year ($1,897/month gross) to live comfortably in Lowell with a 10% savings rate.
How much is rent for a single person in Lowell?
A studio/1br in Lowell costs approximately $130/month, which is the largest single expense at 11% of the total budget.
Is Lowell affordable for a single person?
Lowell is roughly average for single person costs, requiring a salary close to the national median.
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