Boswell, IN vs Somerset, IN

Boswell is moderately more affordable than Somerset, with a 11.9% lower cost of living index. Boswell scores 67 compared to 76 for Somerset, where the US average is 100. This difference means residents of Somerset can expect to pay noticeably more for everyday expenses, housing, and services.

Renters will find that Boswell has a median rent of $900/month while Somerset comes in at $603/month, a 49% difference.

Median household income in Boswell is $49,091 compared to $105,272 in Somerset (-53.4%). While Somerset is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Boswell spend roughly 22% of their income on rent, more than the 6.9% in Somerset.