Cost of Living in Chelmsford
The biggest cost-of-living factor in Chelmsford, Massachusetts is housing. The median home is priced around $675K, or about $372 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $3,502, plus roughly $782 per month in property taxes. Rates and down payment change this figure significantly.
Chelmsford's FY2025 residential property tax rate is $13.90 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Chelmsford.