Somerset, WI vs Waukesha, WI

Somerset is moderately more affordable than Waukesha, with a 6.3% lower cost of living index. Somerset scores 93 compared to 99 for Waukesha, where the US average is 100. This difference means residents of Waukesha can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Somerset is $1,127/month compared to $1,167/month in Waukesha — a 3% difference. Home values follow the same pattern: Somerset is more affordable at $271,200 median vs $375,700.

Median household income in Somerset is $76,176 compared to $126,286 in Waukesha (-39.7%). While Waukesha is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Somerset spend roughly 17.8% of their income on rent, more than the 11.1% in Waukesha.