Cost of Living in Chicopee, MA
Population: 55,213 • 2026 Data
$66,927
Median Household Income
-14% vs national
$1,108
Median Monthly Rent
-18% vs national
$251,800
Median Home Value
-26% vs national
6.5%
Unemployment Rate
Housing in Chicopee
The median home value in Chicopee, MA is $251,800. Monthly rent for a typical unit averages $1,108, while total monthly housing costs (including utilities and insurance) average $1,187.
Rent-to-income ratio: 19.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Chicopee, MA is $66,927. The unemployment rate stands at 6.5%, with a labor force of 28,619 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.