Cost Of Living in Somerset, MD

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F

219%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

709%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Somerset	Maryland	National
Cost of living	319	121	100
Groceries	103	105	100
Health care	111	109	100
Housing	809	151	100
Transportation	114	109	100
Utilities	105	108	100
Lifestyle & Entertainment	113	109	100
Household Items	106	105	100
Education & Childcare	116	112	100

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Homes For Sale In Somerset, MD

4520 Dorset Ave

Chevy Chase, MD

Cost Of Living Quick Facts

The cost of living in Somerset is 164% higher than the Maryland average
The cost of living in Somerset is 219% higher than the national average
Somerset housing is 709% higher than the national average
Maryland general sales tax is 18% higher than the national average
Maryland state income tax is 23% lower than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$373,840	$31,153	$8,722	$11,216
Renters	$0	$0	$0	$0

Maryland Sales Tax

State	General Sales Tax	With Max Surtax
Maryland	6%	6%

Maryland Income Tax

State	Income Tax (Low)	Income Tax (High)
Maryland	2%	5.75%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Rose Hill CDP (Lee County), VA	731	89	11.0%
Wakefield town, VA	838	92	8.4%
Belle Haven town, VA	578	99	1.4%
Cottage City, MD	1,193	105	5.5%
Silver Hill, MD	5,346	132	31.6%
Somerset, MD	977	319	219.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Town Creek, AL	977	82	17.6%
Hackett, AR	977	80	19.6%
Horatio, AR	977	79	21.1%
Sunday Lake, WA	977	162	62.0%
Athens, WI	977	91	9.3%
Somerset, MD	977	319	219.2%