Cost of Living in Somerset, TX
Housing
The housing market plays a significant role in determining the cost of living in Somerset, TX.
- Housing Index: Data is updating
- Median Home Price is: $227,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Somerset, TX, it's essential to evaluate the housing landscape, currently reflected in a housing index of 0.0. The median home price stands at 227000, making homeownership potentially accessible compared to larger metropolitan areas. However, the absence of data on rental prices – indicated by an average rent of 0.0 for a 2-bedroom apartment and 0.0 for a house – raises the question of affordability for those focused on renting. This affordability could be vital for young professionals and families alike, ensuring a balanced lifestyle in this community.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Somerset, TX.
- Electricity Price: $14.47 USD (median by state)
- Natural Gas Price: $26.29 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Somerset, TX could entail higher utility costs. Electricity costs sit at $14.47, while natural gas is priced at $26.29 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.