Housing costs in Chester?
A typical home costs
$243,100, which is 28.1% less expensive than the national average of
$338,100 and 56.4% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Chester costs
$1,180 per month, which is 17.5% cheaper than the national average of
$1,430 and 81.4% cheaper than the state average of
$2,140.
Can I afford Chester?
To live comfortably in Chester, Massachusetts, a minimum annual income of
$46,440 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Chester?
The cost of living in Chester, MA is relatively affordable compared to other parts of the country. The median home value for a single-family house is approximately $340,000 while the median rent is around $1,500 per month. Along with lower housing costs, general goods and services are slightly lower than the national average as well. Tax rates in Chester are also lower, which can save homeowners a considerable amount of money each year. Overall, Chester offers a good balance between affordability and quality of life.