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66th most affordable of 199 in Metro Detroit

Cost of Living in Chesterfield, MI

A typical home in Chesterfield costs about $1,441 a month, 18.9% of the median household income of $91,508. That makes Chesterfield the 8th most affordable of 27 places in Macomb County and 66th of 199 across Metro Detroit.

Median rent a month
$1,140
Median home value
$295,700
Owner cost with a mortgage
$1,742
Of income on housing
18.9%

Chesterfield against Macomb County and the metro

Census median Chesterfield Macomb County Metro Detroit
Median rent (monthly) $1,140 $1,211 $1,207
Median home value $295,700 $243,900 $249,700
Owner cost with a mortgage (monthly) $1,742 $1,628 $1,720
Median household income (yearly) $91,508 $77,837 $76,664
Share of income on housing 18.9% 21.9% 22.9%

Ranked 8th most affordable of 27 in Macomb County. See all 27.

Cost of living near Chesterfield

The towns around Chesterfield, each with its own page.

Living in Chesterfield

Chesterfield cost of living questions

5 questions

Is Chesterfield, MI expensive to live in?
A typical home in Chesterfield takes 18.9% of the median household income, against 22.9% across Metro Detroit, which ranks it 66th most affordable of 199 places.
What is the average rent in Chesterfield?
The median gross rent is $1,140 a month, rent plus the utilities the renter pays, 6% below the metro.
How much does a house cost in Chesterfield?
Owners put the median home value at $295,700, 18% above the metro. With a mortgage, the median owner pays $1,742 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Chesterfield?
Spending no more than 30% of income on housing, the usual rule, a typical Chesterfield home at $1,441 a month calls for about $58,000 a year. The median household here earns $91,508.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Chesterfield. They are medians, half above and half below, and today's listings and rents can differ.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.