What is the cost of living in Somerset, MA?
According to the most recent data on the cost of living, Somerset has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Massachusetts, Somerset has a cost of living index that's 0.9x lower than Massachusetts's index of 130.
The standard of living in Somerset ranks as #25 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Somerset ranks as the #88 most expensive place in the Bay State.
For more reading on life in Somerset, check out:
Somerset Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Somerset. Here is how it fares on each of the criteria:
The Services index in Somerset is 107.
The Groceries index in Somerset is 119.
The Health index in Somerset is 145.
The Housing index in Somerset is 117.
The Transportation index in Somerset is 117.
The Utilities index in Somerset is 117.
| Living Expense | Somerset | Massachusetts | National Average |
|---|---|---|---|
| Overall | 123 | 130 | 100 |
| Services | 107 | 110 | 100 |
| Groceries | 119 | 115 | 100 |
| Health | 145 | 168 | 100 |
| Housing | 117 | 117 | 100 |
| Transportation | 117 | 115 | 100 |
| Utilities | 117 | 114 | 100 |
Somerset Cost Of Living Compared To Massachusetts Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Massachusetts, check out:
- Most Expensive Cities In Massachusetts
- Most Affordable Cities In Massachusetts
- Average Rent In Massachusetts
Source: Cost-of-living index 2026, normalized to US average = 100
Somerset, MA Housing Cost Breakdown
Housing swings affordability the most between places in Massachusetts, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Somerset is $500,986.
The Median Rent in Somerset is $1,271.
The Median Income in Somerset is $112,677.
The Home Value To Income in Somerset is 4.4x.
The Rent To Monthly Income in Somerset is 0.14x.
| Statistic | Somerset | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $500,986 | $656,690 | $332,700 |
| Median Rent | $1,271 | $1,762 | $1,413 |
| Median Income | $112,677 | $103,960 | $80,734 |
| Home Value To Income | 4.4x | 6.3x | 4.1x |
| Rent To Monthly Income | 0.14x | 0.2x | 0.21x |
Somerset, MA Costs By Category
Detailed Somerset Services costs vs. Massachusetts
| Item | Somerset | Massachusetts |
|---|---|---|
| Shampoo | $1.43 | $1.28 |
| Movie | $14.37 | $12.13 |
| Bowling | $22.72 | $18 |
| Haircut | $31.5 | $24.26 |
| Beauty Salon | $49.92 | $45.56 |
Detailed Somerset Groceries costs vs. Massachusetts
| Item | Somerset | Massachusetts |
|---|---|---|
| Ground Beef | $5.85 | $5.84 |
| Fried Chicken | $1.43 | $1.57 |
| Milk | $4.74 | $4.67 |
| Potatoes | $5.0 | $4.93 |
| Pizza | $11.59 | $12.09 |
| Beer | $10.74 | $10.41 |
| Toothpaste | $3.46 | $3.7 |
Detailed Somerset Health costs vs. Massachusetts
| Item | Somerset | Massachusetts |
|---|---|---|
| Optometrist | $104.45 | $125.68 |
| Doctor | $169.83 | $135.78 |
| Dentist | $130.28 | $113.29 |
Detailed Somerset Transportation costs vs. Massachusetts
| Item | Somerset | Massachusetts |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $48.2 | $59.92 |
Detailed Somerset Utilities costs vs. Massachusetts
| Item | Somerset | Massachusetts |
|---|---|---|
| All Electricity | $230.62 | $193.99 |
| Phone | $195.18 | $192.25 |
Somerset SnackAbility
Cost Of Living In Cities Around Somerset
The cost of living varies in the cities and towns around Somerset. Here's a quick look at the cost of living in the most populous nearby places:
Providence, RI has a cost of living index of 111, 0.9x Somerset.
New Bedford, MA has a cost of living index of 117, 1.0x Somerset.
Fall River, MA has a cost of living index of 121, 1.0x Somerset.
| City | Population | Cost Of Living | Vs. Somerset |
|---|---|---|---|
| Providence, RI | 191,767 | 111 | 0.9x |
| New Bedford, MA | 100,998 | 117 | 1.0x |
| Fall River, MA | 94,082 | 121 | 1.0x |
| Warwick, RI | 83,175 | 109 | 0.9x |
| Pawtucket, RI | 75,893 | 106 | 0.9x |
| Taunton, MA | 60,433 | 124 | 1.0x |
| East Providence, RI | 47,281 | 109 | 0.9x |
| Central Falls, RI | 22,701 | 105 | 0.9x |
| Valley Falls, RI | 12,657 | 114 | 0.9x |
| Tiverton, RI | 8,091 | 122 | 1.0x |
