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Merrill, WI vs Somerset, WI

65
Merrill
Wisconsin
VS
-30.2%
93
Somerset
Wisconsin

The cost of living difference between Merrill, WI and Somerset, WI is dramatic. Merrill is 30.2% cheaper than Somerset, a gap that translates to thousands of dollars per year in household expenses. Merrill has a cost index of 65 while Somerset sits at 93, 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.

On the housing front, median rent in Merrill is $784/month compared to $1,127/month in Somerset — a 30% difference. Home values follow the same pattern: Merrill is more affordable at $113,200 median vs $271,200.

Median household income in Merrill is $49,947 compared to $76,176 in Somerset (-34.4%). 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 Merrill spend roughly 18.8% of their income on rent, more than the 17.8% in Somerset.

Income & Cost

Cost of Living Index
Merrill
65
30% cheaper
Somerset
93
Median Household Income
Merrill
$49,947
Somerset
$76,176
34% higher

Housing

Median Rent
Merrill
$784
30% cheaper
Somerset
$1,127
Median Home Value
Merrill
$113,200
58% cheaper
Somerset
$271,200
Population
Merrill
9,224
Somerset
3,084

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Merrill $2.88
Somerset $3.20
US $3.07
🥚
Eggs (grade A, large)
Merrill $2.35
Somerset $2.61
US $2.50
🥛
Milk (whole)
Merrill $3.78
Somerset $4.21
US $4.03
🍞
Bread (white)
Merrill $1.74
Somerset $1.93
US $1.85
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Chicken breast
Merrill $3.89
Somerset $4.33
US $4.14
Electricity
Merrill $0.17
Somerset $0.17
US $0.19