Cost of Living in Chatham
The biggest cost-of-living factor in Chatham, Massachusetts is housing. The median home is priced around $3.2M, or about $1,058 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $16,604, plus roughly $925 per month in property taxes. Rates and down payment change this figure significantly.
Chatham's FY2025 residential property tax rate is $3.47 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Chatham.