Watertown Metro Area, SD Cost of Living


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United States / South Dakota / Watertown Metro Area / Counties / Cities / Zip Codes

Watertown cost of living score
85.1
Less expensive
14.9% lower
than the US average
4.7% lower
than the South Dakota average
Watertown South Dak Metro Area, South Dakota gets a BestPlaces Cost of Living score of 85.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.9% lower than the U.S. average and 4.7% higher than the average for South Dakota.

Watertown Metro Area, SD

Housing costs in Watertown?
A typical home costs $256,100, which is 24.3% less expensive than the national average of $338,100 and 4.4% less expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Watertown costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 2.2% cheaper than the state average of $910.

Can I afford Watertown?
To live comfortably in Watertown South Dak Metro Area, South Dakota, a minimum annual income of $48,960 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Watertown?
Living in Watertown, SD Metro Area is a great option for those looking to save money on the cost of living. According to the US average Cost of Living index, Watertown has a score of 85.1, which is 15.9 points lower than the national average score of 100. This means that residents can expect to pay less on everyday expenses when compared with other parts of the country. Additionally, house median values in Watertown are considerably lower than the US average; homes in Watertown are currently listed at an average price of $256,100, which is significantly lower than the US Average House Value of $338,100. For anyone looking for an area with a relatively low cost of living and affordable housing options, Watertown is definitely worth considering.
   Cost of living score
     CategoriesWatertownSouth DakotaUnited States
  85.189.3100.0
  97.997100
  120.8120.8100.0
  75.382.1100.0
  $256,100$268,000$338,100
  88.4%93.6%100.0%
  61.571.2100.0
  79.277.6100.0

   100=National Average

   Average Rent by Bedroom Size
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