Cost of Living in Chicopee, MA
Updated November 2026 · Hampden County · Springfield, MA metro area · population 55,295
Prices in Chicopee are 4.8% below the US average (local index 95.2; the BEA index for the Springfield, MA metro area is 96.1), with local housing the biggest saving at 75.6; a single adult's modelled budget is about $2,542 a month and the median rent is $1,157.
Prices by category
CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Chicopee's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for the Springfield, MA metro area, unchanged.
Chicopee price index by category, US average = 100: All items 95.2, Housing (rents) 75.6, Goods 97.0, Utilities 155.0, Other services 101.2
It is the 27th most expensive of the 28 Massachusetts cities in our data. Cheaper than 74% of the cities we cover.
| BEA index | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| All items | 97.8 | 99.1 | 97.7 | 98.9 | 98.1 | 96.1 |
Monthly budget by household type
1 adult · 1-bedroom · modelled estimate for Chicopee, MA
| Category | Per month | Per year | Share |
|---|---|---|---|
| Housing (rent) | $773 | $9,276 | 30% |
| Utilities | $371 | $4,452 | 15% |
| Food at home | $274 | $3,288 | 11% |
| Transportation | $604 | $7,248 | 24% |
| Health care | $356 | $4,272 | 14% |
| Clothing, personal care & supplies | $164 | $1,968 | 6% |
| Total | $2,542 | $30,504 | 100% |
2 adults · 2-bedroom · modelled estimate for Chicopee, MA
| Category | Per month | Per year | Share |
|---|---|---|---|
| Housing (rent) | $1,045 | $12,540 | 24% |
| Utilities | $594 | $7,128 | 14% |
| Food at home | $505 | $6,060 | 12% |
| Transportation | $1,196 | $14,352 | 28% |
| Health care | $659 | $7,908 | 15% |
| Clothing, personal care & supplies | $323 | $3,876 | 7% |
| Total | $4,322 | $51,864 | 100% |
2 adults + 2 children · 3-bedroom · modelled estimate for Chicopee, MA
| Category | Per month | Per year | Share |
|---|---|---|---|
| Housing (rent) | $1,267 | $15,204 | 24% |
| Utilities | $723 | $8,676 | 14% |
| Food at home | $720 | $8,640 | 14% |
| Transportation | $1,591 | $19,092 | 30% |
| Health care | $614 | $7,368 | 12% |
| Clothing, personal care & supplies | $416 | $4,992 | 8% |
| Total | $5,331 | $63,972 | 100% |
Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.
Housing costs in Chicopee
Rent by number of bedrooms
| Size | Median rent |
|---|---|
| Studio | $914 |
| 1 bedroom | $894 |
| 2 bedrooms | $1,208 |
| 3 bedrooms | $1,464 |
| 4 bedrooms | $1,545 |
Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).
Rent, home values and affordability
| Measure | Value |
|---|---|
| Median gross rent | $1,157 |
| Median contract rent (excl. utilities) | $1,001 |
| Median home value | $274,500 |
| Owner costs with a mortgage | $1,818/mo |
| Median household income | $62,615 |
| Rent as % of renter income Expensive | 30.8% |
| Home value ÷ household income Moderate | 4.4× |
Census ACS 5-year 2020-2024.
Electricity and gas prices
Residential electricity in Massachusetts
30.48¢ per kWh, August 2026
12-month change: −0.2% (from 30.55¢) · US 18.16¢
Average household uses 602 kWh a month in Massachusetts ≈ $183/month. Source: EIA-861M (statewide average).
Regular gasoline
$4.10 per gallon, week of 2026-11-02
12-month change: +40.9% (from $2.91) · US $4.15
EIA weekly retail price survey.
Inflation in the Northeast
Consumer prices in the Northeast Census region rose +4.2% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.
Salary equivalent
Because prices in Chicopee are 4.8% below the US average, $60,000 here has the buying power of about $63,000 in an average-priced US area.
Formula: US-equivalent = salary × 100 ÷ 95.2. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.
Nearby cities
| City | Distance | Index | Budget (single) | Median rent |
|---|---|---|---|---|
| Springfield, MA | 4 mi | 95.1 | $2,593 | $1,144 |
| East Hartford, CT | 29 mi | 99.6 | $2,746 | $1,225 |
| Hartford, CT | 29 mi | 100.3 | $2,722 | $1,269 |
| West Hartford, CT | 30 mi | 107.2 | $3,178 | $1,756 |
| New Britain, CT | 36 mi | 100.0 | $2,572 | $1,253 |
| Bristol, CT | 39 mi | 98.1 | $2,685 | $1,338 |
Cities with a similar cost of living
| City | Index | Budget (single) | Median rent |
|---|---|---|---|
| Syracuse, NY | 95.2 | $2,458 | $1,039 |
| Greenville, SC | 95.3 | $2,699 | $1,312 |
| Kentwood, MI | 95.3 | $2,583 | $1,260 |
| Logan, UT | 95.2 | $2,292 | $1,149 |
| Rock Hill, SC | 95.4 | $2,724 | $1,341 |
| Overland Park, KS | 95.4 | $2,731 | $1,515 |
Compare Chicopee with another city
Frequently asked questions
Is Chicopee, MA an expensive place to live?
Chicopee has a local cost of living index of 95.2, which is 4.8% below the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for the Springfield, MA metro area (96.1) and adjusts housing to Chicopee's own rents. It is 10.5 points below the Massachusetts average. It is the 27th most expensive of the 28 Massachusetts cities in our data. Cheaper than 74% of the cities we cover.
How much money do you need to live in Chicopee?
Our modelled estimate of basic monthly costs is $2,542 for a single adult, $4,322 for a couple and $5,331 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $57,100 in Chicopee.
What is the average rent in Chicopee?
The median gross rent (rent plus tenant-paid utilities) is $1,157 a month (Census ACS 2020-2024). By size: 1 bedroom $894, 2 bedrooms $1,208, 3 bedrooms $1,464. The typical renter spends 30.8% of household income on rent (expensive).
How much does a house cost in Chicopee?
The median owner-estimated home value is $274,500, 4.4 times the median household income of $62,615 (moderate). Owners with a mortgage pay a median $1,818 a month in housing costs.
How much is electricity and gas in Chicopee?
Massachusetts residential electricity averaged 30.48¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $4.10 a gallon (Massachusetts average, week of 2026-11-02).
Sources and notes
- Local cost index: CostLiving estimate from BEA Regional Price Parities 2024 for the Springfield, MA metropolitan statistical area (BEA index 96.1) with housing from Census ACS median rent (city figure); see the methodology.
- Rents, home values, income, population: U.S. Census Bureau ACS 5-year 2020-2024, Census place 2513660 (Chicopee city).
- Electricity: EIA-861M, Massachusetts residential average, August 2026.
- Gasoline: EIA weekly retail regular gasoline, Massachusetts, week of 2026-11-02.
- Inflation: BLS CPI-U Northeast region, September 2026.
- Budget baselines: BLS Consumer Expenditure Survey 2025; electricity use by household size: EIA RECS 2020.
Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources