Chicopee, MA Cost Of Living
Cost Of Living In Chicopee, MA Summary
Cost of living in Chicopee research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Chicopee is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Massachusetts, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Chicopee is 109, with 100 being the average.
The cost of living index in Chicopee is 1.1x higher than the national average.
Chicopee ranks as the #10 cheapest in Massachusetts out of 113.
Chicopee ranks as the #4,038 cheapest out of 6,412 in the US.
The median home value in Chicopee is $198,000.
The median income in Chicopee is $56,509.
Table Of Contents
Chicopee's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Chicopee, MA?
According to the most recent data on the cost of living, Chicopee has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Massachusetts, Chicopee has a cost of living index that's 0.8x lower than Massachusetts's index of 143.
The standard of living in Chicopee ranks as #10 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Chicopee ranks as the #103 most expensive place in the Bay State.
For more reading on life in Chicopee, check out:
- Living In Chicopee
- Chicopee Crime Report
- Search Homes For Sale In Chicopee, MA
In Massachusetts
In America
Chicopee Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Chicopee. Here is how it fairs on each of the criteria:
The Services index in Chicopee is 118.
The Groceries index in Chicopee is 105.
The Health index in Chicopee is 106.
The Housing index in Chicopee is 92.
The Transportation index in Chicopee is 110.
The Utilities index in Chicopee is 124.
| Living Expense | Chicopee | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 109 | 143 | 100 | |
| Services | 118 | 126 | 100 | |
| Groceries | 105 | 108 | 100 | |
| Health | 106 | 117 | 100 | |
| Housing | 92 | 202 | 100 | |
| Transportation | 110 | 114 | 100 | |
| Utilities | 124 | 123 | 100 | |
Chicopee, MA Housing Cost Breakdown
Housing swings affordability the most between places in Massachusetts, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Chicopee is $198,000.
The Median Rent in Chicopee is $1,006.
The Median Income in Chicopee is $56,509.
The Home Value To Income in Chicopee is 3.5x.
The Rent To Monthly Income in Chicopee is 0.21x.
| Statistic | Chicopee | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $198,000 | $424,700 | $244,900 |
| Median Rent | $1,006 | $1,429 | $1,163 |
| Median Income | $56,509 | $89,026 | $69,021 |
| Home Value To Income | 3.5x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Chicopee, MA Costs By Category
Detailed Chicopee Services Costs Vs. Massachusetts
| Item | Chicopee | Massachusetts |
|---|---|---|
| Shampoo | $0.95 | $1.06 |
| Movie | $12.64 | $10.68 |
| Bowling | $18.88 | $14.67 |
| Haircut | $30.29 | $18.62 |
| Beauty Salon | $49.75 | $39.05 |
Detailed Chicopee Groceries Costs Vs. Massachusetts
| Item | Chicopee | Massachusetts |
|---|---|---|
| Ground Beef | $4.34 | $4.22 |
| Fried Chicken | $1.41 | $1.39 |
| Milk | $2.39 | $2.05 |
| Potatoes | $3.92 | $3.29 |
| Pizza | $9.81 | $10.62 |
| Beer | $11.01 | $9.38 |
| Toothpaste | $2.06 | $2.34 |
Detailed Chicopee Health Costs Vs. Massachusetts
| Item | Chicopee | Massachusetts |
|---|---|---|
| Optometrist | $154.87 | $108.57 |
| Doctor | $115.5 | $116.17 |
| Dentist | $104.4 | $99.13 |
Detailed Chicopee Transportation Costs Vs. Massachusetts
| Item | Chicopee | Massachusetts |
|---|---|---|
| Gasoline | $2.31 | $2.22 |
| Tire Balancing | $58.77 | $50.07 |
Detailed Chicopee Utilities Costs Vs. Massachusetts
| Item | Chicopee | Massachusetts |
|---|---|---|
| All Electricity | $240.4 | $167.67 |
| Phone | $178.6 | $175.64 |
Chicopee SnackAbility
/10
Cost Of Living In Cities Around Chicopee
The cost of living varies in the cities and towns around Chicopee. Here's a quick look at the cost of living in the most populous nearby places:
Springfield, MA has a cost of living index of 106, 1.0x Chicopee.
Westfield, MA has a cost of living index of 112, 1.0x Chicopee.
Holyoke, MA has a cost of living index of 109, 1.0x Chicopee.
| City | Population | Cost Of Living | Vs. Chicopee |
|---|---|---|---|
| Springfield, MA | 155,770 | 106 | 1.0x |
| Westfield, MA | 40,922 | 112 | 1.0x |
| Holyoke, MA | 38,480 | 109 | 1.0x |
| West Springfield, VA | 23,562 | 147 | 1.3x |
| Longmeadow, MA | 15,863 | 130 | 1.2x |
| Windsor Locks, CT | 12,559 | 115 | 1.1x |
| Southwood Acres, CT | 7,875 | 115 | 1.1x |
| Hazardville, CT | 6,070 | 111 | 1.0x |
| Sherwood Manor, CT | 5,710 | 113 | 1.0x |
