Housing costs in Chelsea?
A typical home costs
$425,700, which is 25.9% more expensive than the national average of
$338,100 and 23.6% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Chelsea costs
$2,330 per month, which is 8.9% more than the national average of
$2,140 and 3.9% cheaper than the state average of
$2,420.
Can I afford Chelsea?
To live comfortably in Chelsea (zip 02150), Massachusetts, a minimum annual income of
$81,720 for a family, and
$77,600 for a single person is recommended.
What does A.I. say about Chelsea?
The cost of living in 02150 Chelsea, MA is slightly higher than the national average. On average, housing costs in Chelsea are 44% higher than the US average while groceries are 10% higher. Utilities such as electricity, heating oil and water are also slightly above average but still generally affordable. Despite the slightly higher prices, Chelsea is a great place to live with its convenient location to downtown Boston and easy access to public transportation.