Cost of Living in Somerset, WI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
120.4
100 = national avg
+20.4 vs national average
Living Wage (1 Adult)
$52,975
per year
Living Wage (Family of 4)
$125,213
per year
Cost Index by Category
Housing135.3
Food108.2
Transportation116.4
Healthcare106.6
Utilities112.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Somerset is 120.4, which is 20.4% above the national average. Housing costs are above the national average at an index of 135.3. A single adult needs to earn approximately $52,975 per year to cover basic expenses.