Chicopee, MA is a great city for those looking to relocate. It offers affordable housing options with two bedroom rents averaging $1,220 compared to the US average of $1,430. Groceries are also more affordable with a grocery cost index of 105 in Chicopee compared to 100 in the US. Additionally, Chicopee hosts a variety of businesses ranging from Baystate Health to the Kringle Candle Company offering many employment opportunities. With its low cost of living and business friendly environment, Chicopee is an ideal location for growing families and businesses alike.
Chicopee has an unemployment rate of 8.1%. The US average is 6.0%.
Chicopee has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Chicopee
- The Sales Tax Rate for Chicopee is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Chicopee is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Chicopee
- The average income of a Chicopee resident is $25,251 a year. The US average is $28,555 a year.
- The Median household income of a Chicopee resident is $56,509 a year. The US average is $69,021 a year.