Cost of Living in Somerset, PA
Housing
The housing market plays a significant role in determining the cost of living in Somerset, PA.
- Housing Index: Data is updating
- Median Home Price is: $153,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Somerset, PA? The current housing climate shows a 0.0 index of 0.0, indicating a potential lack of available rental options—Indeed, both the average rent for a 2-bedroom apartment and a 2-bedroom house are also at 0.0. However, the median home price stands at a reasonable $153000, which may present a noticeable opportunity for buyers in a market where renting may be less viable. It's essential to analyze potential commuting distances and amenities in the area to ensure overall satisfaction with your living choice.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Somerset, PA.
- Electricity Price: $17.68 USD (median by state)
- Natural Gas Price: $17.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Somerset, PA could entail higher utility costs. Electricity costs sit at $17.68, while natural gas is priced at $17.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Somerset is a financially viable option for your relocation.