Somerset, MA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
121
Somerset's Overall Cost Of Living
1.2x
Higher Than The National Average
32 out of 113
In Massachusetts
4,857 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Somerset is expensive, while a number below 100 means it's a relatively cheap place to live.

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 121 which is 1.2x higher than the national index of 100.

Compared to only Massachusetts, Somerset has a cost of living index that's 0.9x lower than Massachusetts's index of 132.

The standard of living in Somerset ranks as #4,859 most affordable out of the 6,418 places we measured in Massachusetts. By definition, that implies Somerset ranks as the #1,560 most expensive place in the Bay State.

For more reading on life in Somerset, check out:

Somerset Cost Of Living Vs. Massachusetts

Living Expense Somerset Massachusetts National Average
Overall 121 132 100
Services 120 119 100
Groceries 109 112 100
Health 108 123 100
Housing 135 164 100
Transportation 106 109 100
Utilities 128 116 100
For more reading on cost of living around Massachusetts, check out:
Somerset Cost of Living Vs. MA

Somerset, MA Housing Cost Breakdown

Housing swings affordability the most between places in Massachusetts, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$293,000
Median Home Value
$1,130
Median Rent
$90,260
Median Income
Statistic Somerset Massachusetts United States
Median Home Value $293,000 $398,800 $229,800
Median Rent $1,130 $1,336 $1,096
Median Income $90,260 $84,385 $64,994
Home Value To Income 3.2x 4.7x 3.5x
Rent To Monthly Income 0.15x 0.19x 0.2x

Detailed Somerset Services Costs Vs. Massachusetts

Item Somerset Massachusetts
Shampoo $0.96 $1.06
Movie $12.75 $10.68
Bowling $19.67 $14.67

Detailed Somerset Groceries Costs Vs. Massachusetts

Item Somerset Massachusetts
Ground Beef $3.82 $4.22
Fried Chicken $1.75 $1.39
Milk $2.52 $2.05

Detailed Somerset Health Costs Vs. Massachusetts

Item Somerset Massachusetts
Haircut $24.44 $18.62
Beauty Salon $48.53 $39.05
Toothpaste $2.53 $2.34

Detailed Somerset Transportation Costs Vs. Massachusetts

Item Somerset Massachusetts
Potatoes $4.11 $3.29
Pizza $10.49 $10.62
Beer $10.32 $9.38
Optometrist $131.39 $108.57
Doctor $157.87 $116.17
Dentist $92.75 $99.13

Detailed Somerset Utilities Costs Vs. Massachusetts

Item Somerset Massachusetts
Gasoline $2.15 $2.22
Tire Balancing $62.0 $50.07
All Electricity $240.57 $167.67
Phone $189.01 $175.64

Somerset SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
4
Safety
8
Amenities
8.5
Education
8
Commute
8

Cost Of Living In Cities Around Somerset

City Population Cost Of Living Vs. Somerset
Providence, RI 179,472 110 0.9x
New Bedford, MA 95,355 114 0.9x
Fall River, MA 89,618 114 0.9x
Warwick, RI 81,043 115 1.0x
Pawtucket, RI 71,821 109 0.9x
Taunton, MA 57,327 119 1.0x
East Providence, RI 47,442 113 0.9x
Central Falls, RI 19,437 108 0.9x
Valley Falls, RI 11,548 115 1.0x
Mansfield Center, MA 8,043 129 1.1x

Articles About Massachusetts

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