Watertown township, MN Cost of Living


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Watertown township cost of living score
112.9
More expensive
12.9% higher
than the US average
16.2% higher
than the Minnesota average
Watertown township, Minnesota gets a BestPlaces Cost of Living score of 112.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.9% higher than the U.S. average and 16.2% higher than the average for Minnesota.

Watertown township, MN

Housing costs in Watertown township?
A typical home costs $464,500, which is 37.4% more expensive than the national average of $338,100 and 50.1% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Watertown township costs $1,240 per month, which is 13.3% cheaper than the national average of $1,430 and close to the state average of $1,240.

Can I afford Watertown township?
To live comfortably in Watertown township, Minnesota, a minimum annual income of $88,920 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Watertown township?
The cost of living in Watertown Township, MN is quite reasonable. For those looking for affordable housing, the median home value in Watertown Township is just over $200,000, which is much lower than the national average. This means that residents can enjoy a comfortable and affordable lifestyle while still having access to all of the amenities that come with living in a small town. Additionally, groceries and other everyday expenses are relatively inexpensive compared to other areas of Minnesota. All in all, Watertown Township has a low cost of living that makes it an attractive place to live for families and retirees alike.
   Cost of living score
     CategoriesWatertown townshipMinnesotaUnited States
  112.997.2100.0
  101.297.2100
  73.678.3100.0
  142.4102.9100.0
  $464,500$309,500$338,100
  98.1%95.7%100.0%
  105.296.4100.0
  135.8117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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