Small City81,045 people

Somerville, MA

Discover how far your salary goes in Somerville. Compare taxes, rent, and living costs.

Cost Index
173
💰 Expensive
Population

81,045

State Tax

5.0%

1BR Rent

$2,100

/month

vs National

+50%

above avg

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Rent Prices in Somerville

🏠

Studio

$1,680

/month

$20,160/year

Most Common
🛏️

1 Bedroom

$2,100

/month

$25,200/year

🏡

2 Bedroom

$2,835

/month

$34,020/year

🏘️

3 Bedroom

$3,675

/month

$44,100/year

Taxes in Massachusetts

State Income Tax

Massachusetts

5.0%

For a $100k salary, that's ~$5,000/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Somerville, MA?

Somerville has a cost of living index of 173, which is 73% above the national average. A 1-bedroom apartment costs around $2,100/month.

What is the state income tax in Massachusetts?

Massachusetts has a state income tax rate of approximately 5.0%. This is in addition to federal income tax.

How much is rent in Somerville?

The median rent for a 1-bedroom apartment in Somerville is $2,100/month. For a 2-bedroom, expect to pay around $2,835/month. This is 50% above the national average.

Is Somerville a good place to live?

Somerville is a small city with a population of 81,045. The cost of living is expensive, making it more expensive than average for the US.

See the complete picture for Somerville

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