Housing costs in Chelsea?
A typical home costs
$456,800, which is 35.1% more expensive than the national average of
$338,100 and 18.0% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Chelsea costs
$2,360 per month, which is 65.0% more than the national average of
$1,430 and 9.3% more than the state average of
$2,140.
Can I afford Chelsea?
To live comfortably in Chelsea, Massachusetts, a minimum annual income of
$87,480 for a family, and
$78,800 for a single person is recommended.
What does A.I. say about Chelsea?
Chelsea, MA has an affordable cost of living compared to other cities in the New England area. It is known for being one of the most affordable places to live in the area, with a median home value of $333,700 and housing costs that are lower than the U.S. average. The overall cost of living index in Chelsea is 97.2, which is below the national average of 100. Groceries, healthcare and utilities are all relatively low-cost compared to other locations in Massachusetts as well. Along with its affordability, Chelsea also offers plenty of recreational activities and attractions to enjoy, making it a great place to live.