Lake Madison, South Dakota vs. Watertown, South Dakota

Cost of Living Comparison

The cost of living in Watertown, South Dakota is 12.1% cheaper than Lake Madison, South Dakota.

You would need a salary of $43,938 in Watertown, South Dakota to maintain the standard of living you have in Lake Madison, South Dakota.
Comparison highlights
• Overall, Watertown, South Dakota is cheaper than Lake Madison, South Dakota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
48% cheaper in Watertown
than in Lake Madison, South Dakota
Lake Madison, SD vs. Watertown, SD
Compared to Lake Madison, Watertown is:
  Homeowner
      No Child Care, Taxes not Considered
  12.1% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  1.7% lower
  Housing (Homeowner)
  43.1% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  4.3% lower
  Commute
  6.0% lower
  Health
  0.2% higher
  Taxes
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  Childcare
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  Personal
  1.6% lower
Cost of Food
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