Housing costs in Chelmsford?
A typical home costs
$553,900, which is 63.8% more expensive than the national average of
$338,100 and 0.6% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Chelmsford costs
$2,270 per month, which is 58.7% more than the national average of
$1,430 and 5.7% more than the state average of
$2,140.
Can I afford Chelmsford?
To live comfortably in Chelmsford, Massachusetts, a minimum annual income of
$106,200 for a family, and
$75,200 for a single person is recommended.
What does A.I. say about Chelmsford?
The cost of living in Chelmsford, MA is slightly higher than the national average. According to Sperling’s Best Places, the overall cost of living index for Chelmsford is 119.1 compared to a national average of 100. This means that goods and services are 19.1% more expensive in the town compared to the rest of the US. Compared to other parts of Massachusetts, however, Chelmsford can be considered more affordable as housing costs are lower than Boston and other major cities. The median home price in Chelmsford is around $420,000, which is significantly lower than Boston’s median home price of $660,000. Furthermore, utility costs are relatively low and food and groceries are mostly on par with the national average.