Cost of Living in Cheshire, MA

Population 3,234 · Massachusetts · Data vintage 2023

86
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Cheshire is a smaller Massachusetts community of around 3000 residents, where median household incomes of $72,028 and housing costs ($237,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 6.4%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Cheshire is about 35 miles east of Albany, the nearest large metro. Housing prices track closely with Albany's $223,000 median.

Cost Overview

Housing 78
Rent 100

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Cheshire

The median home value in Cheshire is $237,000 — 22% below the national median of $305,000. Median rent runs $1,309/month, equal to than the national median of $1,314/month. The median household income of $72,028/year is 3% lower than the US median of $74,580. The local unemployment rate is 6.4%, above the national average of 4.8%. Massachusetts's top state income tax rate is 9.0% and the combined sales tax is 6.3%. The climate averages highs of 57.6°F and lows of 36.3°F. Overall, Cheshire has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.

🏠 Housing

Median Home Value
$237,000
22% below avg
Median Rent
$1,309/mo
0% below avg
Price-to-Rent Ratio
15.1x
Favors buying
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,148
1 BR
$1,276
2 BR
$1,674
3 BR
$2,028
4 BR
$2,811
Owner-occupied 87.4%
Renter-occupied 12.6%

💰 Estimated Monthly Budget

Rent median rent
$1,309
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,923/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.8 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.6%

Commute Mode

Drove alone
80.6%
Carpooled
8.3%
Public transit
5.4%
Walked
0.1%
Work from home
5.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.0%
Total Sales Tax 6.3%
State rate 6.3%
Avg local rate 0.0%
Property Tax 1.2%

💼 Income & Employment

Median Household Income
$72,028
3% below avg
Per Capita Income
$41,797
Unemployment Rate
6.4%
34% above avg
Poverty Rate
9.5%
Labor Force Participation
49.1%

🎓 Education

Bachelor's degree+ 18.0%
Graduate degree 10.8%

👥 Demographics

Median Age 51
Male median age 50.4
Female median age 52.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.6°F
Avg Low
36.3°F
Annual Precip
42.3"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323544576976817972604838
Low °F 141624344453585649383022
Precip" 2.521.973.083.123.734.414.134.474.224.283.253.12

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 41 — Good
70.4%
Good air days/yr
170
Max AQI recorded
197
PM2.5 days
168
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

82%
4-Year Graduation Rate
13:1
Student-teacher ratio
3
Public schools
1,103
Total enrollment

Frequently Asked Questions

What is the cost of living in Cheshire, MA?

Cheshire has a cost index of 86 (100 = national average). It is 14% below the national average.

What is average rent in Cheshire, MA?

The median gross rent in Cheshire is $1,309 per month based on 2023 Census data.

What is the average home price in Cheshire?

The median home value in Cheshire is $237,000 according to 2023 Census ACS data.

What is the median income in Cheshire?

The median household income in Cheshire is $72,028 per year (2023 ACS 5-year estimates).

What is the sales tax in Cheshire, MA?

The combined state and local sales tax rate in Cheshire is 6.3%. The Massachusetts state income tax top rate is 9.0%.

Is Cheshire, MA affordable?

Yes, Cheshire is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.

What is the weather like in Cheshire?

Cheshire has average high temperatures of 57.6°F and average lows of 36.3°F. Annual precipitation is 42.3". Data from NOAA 1991–2020 Climate Normals.

Cheshire at a Glance

Population
3,234
Median Income
$72,028
Home Value
$237,000
Median Rent
$1,309/mo
Unemployment
6.4%
Avg High Temp
57.6°F
Sales Tax
6.3%
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