Cost of Living in Chelsea, MI

Population 5,420 · Michigan · Data vintage 2023

106
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Chelsea is a smaller Michigan community of around 5000 residents, where median household incomes of $71,702 and housing costs ($301,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.6% — below most comparable cities in the state.

Located 15 miles west of Ann Arbor, Chelsea falls within that metro's commuting orbit. Median home values run roughly 31% lower than Ann Arbor's $435,000.

Cost Overview

Housing 99
Rent 117

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

About the Cost of Living in Chelsea

The median home value in Chelsea is $301,100 — 1% below the national median of $305,000. Median rent runs $1,543/month, 17% higher than the national median of $1,314/month. The median household income of $71,702/year is 4% lower than the US median of $74,580. The local unemployment rate is 2.6%, below the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. Overall, Chelsea has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.

🏠 Housing

Median Home Value
$301,100
1% below avg
Zillow Home Value
$400,699
Zillow ZHVI
Median Rent
$1,543/mo
17% above avg
Price-to-Rent Ratio
16.3x
Favors buying
Property Tax Rate
1.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$707
1 BR
$780
2 BR
$962
3 BR
$1,290
4 BR
$1,444
Owner-occupied 62.6%
Renter-occupied 37.4%

💰 Estimated Monthly Budget

Rent median rent
$1,543
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,157/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
26.2 min
3% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.2%

Commute Mode

Drove alone
69.8%
Carpooled
4.6%
Walked
3.6%
Bicycle
0.3%
Work from home
20.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.3%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.5%

💼 Income & Employment

Median Household Income
$71,702
4% below avg
Per Capita Income
$51,542
Unemployment Rate
2.6%
45% below avg
Poverty Rate
3.8%
Labor Force Participation
53.6%

🎓 Education

Bachelor's degree+ 26.3%
Graduate degree 24.4%

👥 Demographics

Median Age 50.8
Male median age 44.6
Female median age 55.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
46%
Good air days/yr
218
Max AQI recorded
244
PM2.5 days
121
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

99%
4-Year Graduation Rate
17.2:1
Student-teacher ratio
4
Public schools
2,441
Total enrollment

Frequently Asked Questions

What is the cost of living in Chelsea, MI?

Chelsea has a cost index of 106 (100 = national average). It is 6% above the national average.

What is average rent in Chelsea, MI?

The median gross rent in Chelsea is $1,543 per month based on 2023 Census data.

What is the average home price in Chelsea?

The median home value in Chelsea is $301,100 according to Zillow and Census data.

What is the median income in Chelsea?

The median household income in Chelsea is $71,702 per year (2023 ACS 5-year estimates).

What is the sales tax in Chelsea, MI?

The combined state and local sales tax rate in Chelsea is 6.0%. The Michigan state income tax top rate is 4.3%.

Is Chelsea, MI affordable?

Chelsea is near the national average in terms of cost of living, with an index of 106 (100 = US average).

Chelsea at a Glance

Population
5,420
Median Income
$71,702
Home Value
$301,100
Median Rent
$1,543/mo
Unemployment
2.6%
Sales Tax
6.0%
View all cities in Michigan →
🗺️ County data for Michigan

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs