Cost Of Living In Somerset, WI

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	97	97	100
Index	Somerset	Wisconsin	National
Goods & Services index	108	98	100
Groceries index	104	99	100
Health care index	106	112	100
Housing index	81	91	100
Transportation index	97	103	100
Utilities index	94	100	100

Did you know?

The cost of living in Somerset is 1% lower than the Wisconsin average.
The cost of living in Somerset is 3% lower than the national average.
The cost of housing in Somerset is 19% lower than the national average.
Wisconsin general sales tax is 2% lower than the national average.
Wisconsin state income tax is 98% higher than the national average.

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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	$69,931	$5,828	$1,632	$2,098
Renters	$40,375	$3,365	$942	$1,211

Wisconsin Sales Tax

State	General Sales Tax	With Max Surtax
Wisconsin	5%	5.6%

Wisconsin Income Tax

State	Income Tax (Low)	Income Tax (High)
Wisconsin	4.4%	7.65%

Goods & Services

Item	Somerset	National avg.	Difference
Haircut	$24.91	$15.56	60.0%
Beauty Salon	$33.76	$36.11	6.5%
Toothpaste	$3.41	$2.47	37.8%
Shampoo	$1.04	$0.96	7.8%
Movie	$9.85	$10.13	2.8%
Bowling	$4.06	$4.74	14.2%

Groceries

Item	Somerset	National avg.	Difference
Ground Beef	$4.07	$3.98	2.2%
Fried Chicken	$1.94	$1.41	37.9%
Milk	$2.17	$2.06	5.0%
Potatoes	$3.19	$2.98	7.0%
Pizza	$10.59	$9.47	11.8%
Beer	$8.92	$8.79	1.4%

Health Care

Item	Somerset	National avg.	Difference
Optometrist	$81.20	$101.04	19.6%
Doctor	$134.89	$107.44	25.5%
Dentist	$87.31	$90.42	3.4%
Ibuprofen	$11.78	$9.28	27.0%
Lipitor	$406.73	$426.50	4.6%

Housing

Item	Somerset	National avg.	Difference
Home Price	$133,400.00	$175,700.00	24.1%
Avg. Mortgage Payment	$1,182.68	$1,133.23	4.4%
Apartment Rent	$844.00	$920.00	8.3%

Transportation

Item	Somerset	National avg.	Difference
Gasoline	$1.85	$1.99	7.0%
Tire Balancing	$48.94	$45.76	7.0%

Utilities

Item	Somerset	National avg.	Difference
All Electricity	$162.69	$163.81	0.7%
Phone	$24.99	$28.39	12.0%

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	796	78	-22%
Deer Park, WI	216	91	-9%
Osceola, WI	2,522	96	-4%
Star Prairie, WI	632	96	-4%
Hammond, WI	1,928	96	-4%
Somerset, WI	2,655	97	-3%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Milton, DE	2,656	108	8%
Abbeville, AL	2,654	78	-22%
Ester, AK	2,653	126	26%
Stanton, TX	2,653	82	-18%
Lagrange, IN	2,652	86	-14%
Somerset, WI	2,655	97	-3%

Source: The Somerset, WI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Somerset, WI Cost of Living