Cost of Living in Somerville, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.2
100 = national avg
-11.8 vs national average
Living Wage (1 Adult)
$38,804
per year
Living Wage (Family of 4)
$91,718
per year
Cost Index by Category
Housing57.4
Food104.5
Transportation108.9
Healthcare103.6
Utilities94.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$771
per month
2 Bedroom
$1,001
per month
The overall cost of living index in Somerville is 88.2, which is 11.8% below the national average. Housing costs are below the national average at an index of 57.4. A single adult needs to earn approximately $38,804 per year to cover basic expenses.