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Somerset, MA Utility & Living Guide
Living in Somerset, MA offers a charming small-town experience with easy access to major cities like Providence and Boston
Monthly Utility Costs
$140/mo
—
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1100/mo |
| 2 Bedrooms | $1400/mo |
| 3 Bedrooms | $1900/mo |
| Median Home Price | $340,000 |
| Property Tax Rate | 1.35% |
| Avg Childcare/mo | $1200 |
The housing market in Somerset is relatively stable, with a mix of older and newer homes available. The town has seen some new construction in recent years, but prices remain competitive. Rentals are also available, particularly in the form of apartments and condos.
Cost of Living
108
+8% above national average
105
102
101
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 6.25% |
| Property Tax Rate | 1.35% |
| <p>State 5.2% + No County tax + Local 1.05% option tax</p> | |
Massachusetts has a flat state income tax rate of 5.2%, with no local income tax
Family & Relocation
55
7.2/10
$1200/mo
City Pulse
Somerset has a limited public transportation system, but the town is relatively walkable and bikeable, with some stroller-friendly sidewalks and parks
- Slater Memorial Park
- Somerset Public Library
- Fall River Heritage State Park
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Somerset based on your household profile.
Local Briefing & Neighborhood Pulse
Live Local News
Somerset has regulations regarding zoning, building permits, and waste management
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
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📊 Somerset — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Somerset tend to be higher in the winter months due to heating needs, with average electric bills increasing by 20-30% from December to February. In the summer, costs are relatively stable, with some increase in electric usage for air conditioning.
🏛️ Local Tax Details
The ZIP code 02725 has a property tax millage rate of 18.45, with no local surtaxes
👶 Family & Stroller Friendliness
6/10, due to the town's relatively walkable and bikeable streets, as well as its parks and sidewalks, although some areas may lack elevator access in transit and family infrastructure
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