Somerset, WI Cost Of Living

Somerset cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Somerset	Wisconsin	National
Cost of living index	98	96	100
Index	Somerset	Wisconsin	National
Goods & Services index	107	97	100
Groceries index	105	97	100
Health care index	106	114	100
Housing index	84	88	100
Transportation index	105	100	100
Utilities index	90	102	100

Did you know?

The cost of living in Somerset is 2% higher than the Wisconsin average.
The cost of living in Somerset is 2% lower than the national average.
The cost of housing in Somerset is 16% lower than the national average.
Wisconsin general sales tax is 2% lower than the national average.
Wisconsin state income tax is 80% higher than the national average.

Find Real Estate Listings In Somerset

New Real Estate Listings In Somerset

The best places in Wisconsin

Here are the best places to live in Wisconsin

10 Best cities in Wisconsin for employment

10 best cities to buy a new house in Wisconsin

These are the 10 most affordable cities in Wisconsin

Compare Somerset, WI Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$74,896	$6,241	$1,747	$2,247
Renters	$41,293	$3,441	$963	$1,239

Wisconsin Sales Tax

State	General Sales Tax	With Max Surtax
Wisconsin	5%	6.75%

Wisconsin Income Tax

State	Income Tax (Low)	Income Tax (High)
Wisconsin	4%	7.65%

Goods & Services

Item	Somerset	National avg.	Difference
Haircut	$22.35	$16.09	39.0%
Beauty Salon	$35.96	$37.33	3.7%
Toothpaste	$3.33	$2.45	35.9%
Shampoo	$1.07	$1.00	6.9%
Movie	$10.02	$10.28	2.5%
Bowling	$3.95	$4.93	19.8%

Groceries

Item	Somerset	National avg.	Difference
Ground Beef	$4.16	$3.80	9.5%
Fried Chicken	$1.97	$1.40	41.3%
Milk	$2.22	$2.01	10.4%
Potatoes	$3.33	$3.01	10.5%
Pizza	$11.55	$9.89	16.8%
Beer	$8.97	$8.90	0.8%

Health Care

Item	Somerset	National avg.	Difference
Optometrist	$85.02	$102.16	16.8%
Doctor	$135.93	$108.36	25.4%
Dentist	$84.21	$92.53	9.0%
Ibuprofen	$11.98	$9.28	29.1%
Lipitor	$423.18	$425.82	0.6%

Housing

Item	Somerset	National avg.	Difference
Home Price	$140,600.00	$184,700.00	23.9%
Avg. Mortgage Payment	$1,261.54	$1,202.44	4.9%
Apartment Rent	$982.00	$949.00	3.5%

Transportation

Item	Somerset	National avg.	Difference
Gasoline	$2.23	$2.24	0.5%
Tire Balancing	$53.80	$46.29	16.2%

Utilities

Item	Somerset	National avg.	Difference
All Electricity	$153.14	$165.96	7.7%
Phone	$24.99	$28.68	12.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Landfall, MN	793	75	-25%
Deer Park, WI	244	89	-11%
Osceola, WI	2,511	95	-5%
Hammond, WI	2,006	96	-4%
Star Prairie, WI	648	96	-4%
Somerset, WI	2,686	98	-2%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Belmond, IA	2,686	80	-20%
Lake of the Woods, IL	2,687	89	-11%
Liberty, NC	2,685	85	-15%
Hanapepe, HI	2,687	156	56%
Seagraves, TX	2,687	80	-20%
Somerset, WI	2,686	98	-2%

Source: The Somerset, WI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Somerset, WI Cost of Living