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Population Review

What is the cost of living in Somerville city, MA?

In Somerville city, MA: median home value $899,400, median rent $2,468/month, median household income $127,056, per Census ACS 5-Year estimates.

Context

Housing is the single largest expense for most households, so housing costs are the best ACS-derived proxy for cost of living. Comparing housing costs to the local median income shows how affordable Somerville city actually is for residents.

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In Somerville city, MA: median home value $899,400, median rent $2,468/month, median household income $127,056, per Census ACS 5-Year estimates.