Anchorage is 5% cheaper than Lowell.
When comparing Anchorage, AK and Lowell, MA, the overall cost of living indices are 113 and 119 respectively (national median = 100). Rent is $150/month cheaper in Anchorage, saving renters about $1,800/year.
Median household income is $21,947/year higher in Anchorage. Home values also differ significantly — the median in Anchorage is $375,900 compared to $395,100 in Lowell.
Alaska has no state income tax, giving Anchorage residents a significant tax advantage over Massachusetts's 9.0% rate.
Anchorage vs Lowell — common questions
Other cost of living comparisons for Anchorage and Lowell