Housing costs in Watertown?
A typical home costs
$336,700, which is 0.4% less expensive than the national average of
$338,100 and 21.4% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Watertown costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 7.8% more than the state average of
$1,070.
Can I afford Watertown?
To live comfortably in Watertown, Tennessee, a minimum annual income of
$64,440 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Watertown?
Watertown, TN is a relatively affordable place to live. The cost of living in the city is slightly below the national average, meaning that it can be easy to make ends meet. The cost of housing in particular is quite low, with the median home value being just over $120,000. Utilities are also very reasonable, ranging from 8% to 12% lower than the national average. Groceries and transportation costs are also quite affordable since most goods and services can be obtained locally at lower prices than found in larger cities. With all these factors taken into account, Watertown's cost of living makes it a great option for those looking for an affordable place to call home.