Housing costs in Chelsea?
A typical home costs
$328,700, which is 2.8% less expensive than the national average of
$338,100 and 50.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Chelsea costs
$1,410 per month, which is 1.4% cheaper than the national average of
$1,430 and 22.0% more than the state average of
$1,100.
Can I afford Chelsea?
To live comfortably in Chelsea, Michigan, a minimum annual income of
$63,000 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Chelsea?
Chelsea, MI is a wonderful place to live with its low cost of living. The median home price in Chelsea is $188,800, making it one of the most affordable places to live in Michigan. Additionally, the cost of utilities, groceries and transportation are well below the national average. With so many activities and amenities already present in Chelsea, residents do not have to spend much money to enjoy their time there. From outdoor activities at the nearby parks to shopping at local stores or eating out at local restaurants, Chelsea has something for everyone without breaking the bank.