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Fairmount, MD vs Somerset, MD

97
Fairmount
Maryland
VS
-66.8%
294
Somerset
Maryland

The cost of living difference between Fairmount, MD and Somerset, MD is dramatic. Fairmount is 66.8% cheaper than Somerset, a gap that translates to thousands of dollars per year in household expenses. Fairmount has a cost index of 97 while Somerset sits at 294, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

Median household income in Fairmount is $70,708 compared to $250,001 in Somerset (-71.7%). While Somerset is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (57.8°F vs 59.3°F). Fairmount receives more rainfall at 43.3" per year compared to 41.8" in Somerset.

Income & Cost

Cost of Living Index
Fairmount
97
67% cheaper
Somerset
294
Median Household Income
Fairmount
$70,708
Somerset
$250,001
72% higher

Housing

Median Rent
Fairmount
Somerset
$3,501
Median Home Value
Fairmount
Somerset
$1,820,800
Population
Fairmount
357
Somerset
1,020

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fairmount $2.98
Somerset $3.26
US $3.07
🥚
Eggs (grade A, large)
Fairmount $2.43
Somerset $2.66
US $2.50
🥛
Milk (whole)
Fairmount $3.92
Somerset $4.28
US $4.03
🍞
Bread (white)
Fairmount $1.80
Somerset $1.97
US $1.85
🍗
Chicken breast
Fairmount $4.03
Somerset $4.41
US $4.14
Electricity
Fairmount $0.19
Somerset $0.20
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Fairmount 57.8°F
Somerset 59.3°F
Summer High
Fairmount 86°F
Somerset 90°F
Winter Low
Fairmount 30°F
Somerset 30°F
Rainfall
Fairmount 43.3"
Somerset 41.8"
Rainy Days
Fairmount 119d
Somerset 118d