Somerset, MA, shows a higher cost of living compared to the nationwide average, with the housing index at 129. This means housing costs are 29% higher than the average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous also show costs above the national average, though not as dramatically. For instance, groceries are 4% higher, while utilities are 5% lower. Overall, Somerset's cost of living is notably higher, especially in housing.
Somerset, MA, has a higher cost of living compared to the nationwide average. The housing index stands at 129, which is 29% higher than the national average. This means that housing costs in Somerset are significantly more expensive than the average American city. For job seekers, this could mean higher rental or mortgage expenses, which is a crucial factor to consider when planning a move.
Other areas in Somerset also show higher costs compared to the national average. Groceries have an index of 104, which is 4% higher. Utilities, while slightly below the national average at 95, still indicate a minor cost reduction. Transportation costs are close to the national average at 103, which is 3% higher. Healthcare costs are slightly lower, with an index of 96, which is 4% below the national average. Miscellaneous costs, at 102, are 2% higher than the national average. Overall, Somerset presents a cost of living that is generally higher than the national average, with housing being the most significant expense.
