Watertown, NY Cost of Living


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Watertown cost of living score
80.8
Less expensive
19.2% lower
than the US average
33.5% lower
than the New York average
Watertown, New York gets a BestPlaces Cost of Living score of 80.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.2% lower than the U.S. average and 33.5% lower than the average for New York.

Watertown, NY

Housing costs in Watertown?
A typical home costs $151,200, which is 55.3% less expensive than the national average of $338,100 and 63.4% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Watertown costs $1,180 per month, which is 17.5% cheaper than the national average of $1,430 and 66.1% cheaper than the state average of $1,960.

Can I afford Watertown?
To live comfortably in Watertown, New York, a minimum annual income of $28,800 for a family, and $36,000 for a single person is recommended.

What does A.I. say about Watertown?
Watertown, NY is a relatively affordable place to live in comparison to other parts of the US. The cost of living index is at approximately 87.1, which is 13.9 points lower than the national average. Housing costs make up a significant portion of most people's budget and are generally more affordable in Watertown when compared to other cities and towns in New York. The median home cost in Watertown is $125,000, making it much more accessible for those looking for a new place to call home. Additionally, utility costs are generally low as well due to the abundance of available water from Lake Ontario and the Black River. Overall, residents of Watertown can expect an affordable cost of living that won't break their budget.
   Cost of living score
     CategoriesWatertownNew YorkUnited States
  80.8121.5100.0
  98.6103.8100
  110.8120.7100.0
  43.6127.9100.0
  $151,200$413,600$338,100
  109.2%115.9%100.0%
  66.1140.7100.0
  106.9121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Watertown
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I don’t live there but visit on occasion. Very quiet town. Ran into a white out blizzard while driving there that a local tells me isn’t unusual. One minute I could  More

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Over 16 years ago

As a city primarily filled and flourished with military families, Watertown is a decent place to live. Because of the population influx from military families, the town  More

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