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Greenfield, OH vs Somerset, OH

61
Greenfield
Ohio
VS
-16.1%
72
Somerset
Ohio

There is a significant gap in the cost of living between these two cities. Greenfield is 16.1% cheaper than Somerset. With a cost index of 61 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Greenfield to Somerset should plan for substantially higher expenses across most categories.

On the housing front, median rent in Greenfield is $676/month compared to $774/month in Somerset — a 13% difference. Home values follow the same pattern: Greenfield is more affordable at $96,600 median vs $190,200.

Median household income in Greenfield is $46,513 compared to $49,145 in Somerset (-5.4%). Somerset does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Greenfield spend roughly 17.4% of their income on rent, less than the 18.9% in Somerset.

Income & Cost

Cost of Living Index
Greenfield
61
16% cheaper
Somerset
72
Median Household Income
Greenfield
$46,513
Somerset
$49,145
5% higher

Housing

Median Rent
Greenfield
$676
13% cheaper
Somerset
$774
Median Home Value
Greenfield
$96,600
49% cheaper
Somerset
$190,200
Population
Greenfield
4,047
Somerset
1,417

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Greenfield
Somerset $2.89
US $3.07
🥚
Eggs (grade A, large)
Greenfield
Somerset $2.35
US $2.50
🥛
Milk (whole)
Greenfield
Somerset $3.79
US $4.03
🍞
Bread (white)
Greenfield
Somerset $1.74
US $1.85
🍗
Chicken breast
Greenfield
Somerset $3.90
US $4.14
Electricity
Greenfield
Somerset $0.17
US $0.19