Cost of Living Calculator - Watertown, South Dakota vs Forest Lake, Minnesota


The cost of living in Forest Lake, Minnesota is 28.3% more expensive than Watertown, South Dakota.

You would need a salary of $64,154 in Forest Lake, Minnesota to maintain the standard of living you have in Watertown, South Dakota.
Comparison highlights
• Overall, Forest Lake, Minnesota is more expensive than Watertown, South Dakota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
49% more expensive in Forest Lake
than in Watertown, South Dakota
Watertown, SD vs Forest Lake, MN
Compared to Watertown, Forest Lake is:
  Homeowner
      No Child Care, Taxes not Considered
  28.3% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  1.7% higher
  Housing (Homeowner)
  72.6% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  14.0% higher
  Commute
  90.2% higher
  Health
  38.6% lower
  Taxes
  Childcare
  Personal
  9.9% higher

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