Somerset, PA Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Somerset, PA Summary

Cost of living in Somerset research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Somerset is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Pennsylvania, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Somerset is 89, with 100 being the average.

  • The cost of living index in Somerset is 0.9x lower than the national average.

  • Somerset ranks as the #47 cheapest in Pennsylvania out of 247.

  • Somerset ranks as the #1,460 cheapest out of 6,412 in the US.

  • The median home value in Somerset is $116,600.

  • The median income in Somerset is $45,238.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
89
Somerset's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Somerset, PA?

According to the most recent data on the cost of living, Somerset has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.

Compared to Pennsylvania, Somerset has a cost of living index that's 0.9x lower than Pennsylvania's index of 97.

The standard of living in Somerset ranks as #47 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Somerset ranks as the #200 most expensive place in the Keystone State.

For more reading on life in Somerset, check out:

47 out of 247
In Pennsylvania
1,460 out of 6,412
In America

Somerset Cost Of Living Vs. Pennsylvania

Six factors go into calculating the cost of living index in Somerset. Here is how it fairs on each of the criteria:

  • The Services index in Somerset is 106.

  • The Groceries index in Somerset is 98.

  • The Health index in Somerset is 87.

  • The Housing index in Somerset is 62.

  • The Transportation index in Somerset is 87.

  • The Utilities index in Somerset is 91.

Living Expense Somerset Pennsylvania National Average
Overall 89 97 100
Services 106 99 100
Groceries 98 101 100
Health 87 97 100
Housing 62 85 100
Transportation 87 105 100
Utilities 91 106 100
For more reading on cost of living around Pennsylvania, check out:
Somerset Cost of Living Vs. PA

Somerset, PA Housing Cost Breakdown

Housing swings affordability the most between places in Pennsylvania, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Somerset is $116,600.

  • The Median Rent in Somerset is $618.

  • The Median Income in Somerset is $45,238.

  • The Home Value To Income in Somerset is 2.6x.

  • The Rent To Monthly Income in Somerset is 0.16x.

Statistic Somerset Pennsylvania United States
Median Home Value $116,600 $197,300 $244,900
Median Rent $618 $1,013 $1,163
Median Income $45,238 $67,587 $69,021
Home Value To Income 2.6x 2.9x 3.5x
Rent To Monthly Income 0.16x 0.18x 0.2x
Search Homes For Sale In Somerset, PA
$116,600
Median Home Value
$618
Median Rent
$45,238
Median Income

Somerset, PA Costs By Category

Detailed Somerset Services Costs Vs. Pennsylvania

Item Somerset Pennsylvania
Shampoo $1.08 $1.06
Movie $12.52 $10.68
Bowling $13.05 $14.67
Haircut $19.39 $18.62
Beauty Salon $39.86 $39.05

Detailed Somerset Groceries Costs Vs. Pennsylvania

Item Somerset Pennsylvania
Ground Beef $4.77 $4.22
Fried Chicken $1.24 $1.39
Milk $1.63 $2.05
Potatoes $3.82 $3.29
Pizza $10.01 $10.62
Beer $9.32 $9.38
Toothpaste $1.83 $2.34

Detailed Somerset Health Costs Vs. Pennsylvania

Item Somerset Pennsylvania
Optometrist $99.07 $108.57
Doctor $90.46 $116.17
Dentist $89.59 $99.13

Detailed Somerset Transportation Costs Vs. Pennsylvania

Item Somerset Pennsylvania
Gasoline $2.09 $2.22
Tire Balancing $36.67 $50.07

Detailed Somerset Utilities Costs Vs. Pennsylvania

Item Somerset Pennsylvania
All Electricity $139.04 $167.67
Phone $179.2 $175.64

Somerset SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
4
Affordability
8.5
Diversity
5
Safety
N/A
Amenities
8.5
Education
7
Commute
9

Cost Of Living In Cities Around Somerset

The cost of living varies in the cities and towns around Somerset. Here's a quick look at the cost of living in the most populous nearby places:

  • Plum, PA has a cost of living index of 100, 1.1x Somerset.

  • Indiana, PA has a cost of living index of 92, 1.0x Somerset.

  • Jefferson Hills, PA has a cost of living index of 106, 1.2x Somerset.

City Population Cost Of Living Vs. Somerset
Plum, PA 27,123 100 1.1x
Indiana, PA 13,573 92 1.0x
Jefferson Hills, PA 12,215 106 1.2x
Jeannette, PA 8,835 91 1.0x
White Oak, PA 7,623 93 1.0x
Hollidaysburg, PA 5,622 95 1.1x
Turtle Creek, PA 5,136 84 0.9x

Articles About Pennsylvania

Enjoy The Snack?