Housing costs in Chelsea?
A typical home costs
$262,700, which is 22.3% less expensive than the national average of
$338,100 and 21.3% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Chelsea costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 10.6% cheaper than the state average of
$1,250.
Can I afford Chelsea?
To live comfortably in Chelsea, Maine, a minimum annual income of
$50,400 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Chelsea?
The cost of living in Chelsea, ME is considerably lower than the national average. Housing costs are significantly lower, with median home values at $146,700 compared to the national average of $231,200. Additionally, transportation and utilities are also lower than the national averages. These savings make Chelsea a great place to live for those who want to stretch their budget further. Groceries and health care costs are similar to the national averages but are still very reasonable. In general, Chelsea offers a low-cost lifestyle that is attractive to those looking to save money or simply enjoy a more affordable way of life.