Cost of Living in Somers, CT
Population: 2,081 | Connecticut
Somers is 7% less expensive than the national average.
Cost of Living in Somers, CT: What You Need to Know
With a cost of living index of 93, Somers, CT is slightly more affordable than average. Living here is 7% cheaper than the national average and 32% below the Connecticut state average of 125. Somers is a small community of 2,081 residents.
Housing costs are the biggest factor in Somers's cost of living. The median monthly rent is $895 (32% below the US median of $1,319), and the median home value sits at $379,100 (24% above the national median of $304,900). At current prices, the median home costs roughly 5.6x the median household income — a stretch for many buyers, though not uncommon in today's market.
The median household income in Somers is $67,203, which is 11% lower than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $67,203
- vs US Median ($75,149)
- -11%
Housing
- Median Rent
- $895/mo
- Median Home Value
- $379,100
- Median Monthly Housing Cost
- $2,152/mo