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Harmony, IN vs Somerset, IN

66
Harmony
Indiana
VS
-12.9%
76
Somerset
Indiana

Harmony is moderately more affordable than Somerset, with a 12.9% lower cost of living index. Harmony scores 66 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 Harmony has a median rent of $850/month while Somerset comes in at $603/month, a 41% difference.

Median household income in Harmony is $53,650 compared to $105,272 in Somerset (-49%). 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 Harmony spend roughly 19% of their income on rent, more than the 6.9% in Somerset.

Income & Cost

Cost of Living Index
Harmony
66
13% cheaper
Somerset
76
Median Household Income
Harmony
$53,650
Somerset
$105,272
49% higher

Housing

Median Rent
Harmony
$850
Somerset
$603
29% cheaper
Median Home Value
Harmony
$115,100
Somerset
Population
Harmony
708
Somerset
241

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Harmony $2.91
Somerset
US $3.07
🥚
Eggs (grade A, large)
Harmony $2.37
Somerset
US $2.50
🥛
Milk (whole)
Harmony $3.82
Somerset
US $4.03
🍞
Bread (white)
Harmony $1.75
Somerset
US $1.85
🍗
Chicken breast
Harmony $3.93
Somerset
US $4.14
Electricity
Harmony $0.16
Somerset
US $0.19