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NEW ULM vs. WATERTOWN
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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New Ulm, Minnesota vs. Watertown, South Dakota
Cost of Living Comparison
The cost of living in Watertown, South Dakota is
9.7%
more expensive
than New Ulm, Minnesota.
You would need a salary of
$65,821
in Watertown, South Dakota to maintain the standard of living you have in New Ulm, Minnesota.
Comparison highlights
• Overall, Watertown, South Dakota is
more expensive
than New Ulm, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
24% more expensive in Watertown
than in New Ulm, Minnesota
New Ulm, MN vs. Watertown, SD
Compared to New Ulm, Watertown is:
Homeowner
No Child Care, Taxes not Considered
9.7% higher
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
3.4% higher
Housing (Homeowner)
0.4% lower
Housing (Rent)
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Median Home Cost
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Utilities
12.6% lower
Commute
1.5% higher
Health
45.2% higher
Taxes
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Childcare
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Personal
1.0% lower
Cost of Food
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