Watertown, SD Cost of Living


5 Reviews



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Watertown cost of living score
84.5
Less expensive
15.5% lower
than the US average
5.4% lower
than the South Dakota average
Watertown, South Dakota gets a BestPlaces Cost of Living score of 84.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.5% lower than the U.S. average and 5.4% higher than the average for South Dakota.

Watertown, SD

Housing costs in Watertown?
A typical home costs $254,200, which is 24.8% less expensive than the national average of $338,100 and 5.1% less expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Watertown costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and close to the state average of $910.

Can I afford Watertown?
To live comfortably in Watertown, South Dakota, a minimum annual income of $48,600 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Watertown?
Watertown, SD is an affordable place to live and the cost of living is below the national average. The median home value in Watertown is around $118,000 which is significantly lower than the national median of $231,200. Additionally, grocery and healthcare costs are roughly 9% and 6% lower than the national average respectively. On top of this, utilities are approximately 20% cheaper than average. All these factors make Watertown a great place to live for those looking for an affordable lifestyle.
   Cost of living score
     CategoriesWatertownSouth DakotaUnited States
  84.589.3100.0
  100.497100
  120.8120.8100.0
  75.882.1100.0
  $254,200$268,000$338,100
  88.4%93.6%100.0%
  59.371.2100.0
  78.977.6100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Watertown
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Let me start by saying that I've lived all over the US and spent 3 years in Watertown. On the positive side, Watertown has a lot to offer for a town of 22,000 people.   More

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Many lakes with in driving distances and many public hunting areas but if your looking for the night life its not here this is a small town  More

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Watertown in general has alot of old people, if your in Downtown and watch cars go by it seems as though every other car has a elderly person in it. But apart from all  More

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