Zip 57201 (Watertown, SD) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Watertown, South Dakota?
$4,020 / month
for a family, 25.6% less expensive than the national average A total of $48,240 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

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 (zip 57201), 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.

Zip 57201 (Watertown, SD)

Housing costs in Watertown?
A typical home costs $251,000, which is 25.8% less expensive than the national average of $338,100 and 6.3% less expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Watertown costs $910 per month, which is 0.0% cheaper than the national average of $910 and 2.2% more than the state average of $890.

Can I afford Watertown?
To live comfortably in Watertown (zip 57201), South Dakota, a minimum annual income of $48,240 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Watertown?
The cost of living in 57201 Watertown, SD is relatively affordable. According to a recent survey, housing costs are 10% lower than the national average. The overall cost of living index for this zip code is 79.6, which is 20.4% lower than the national average. Common household expenses such as groceries and utilities are also much less expensive than other parts of the United States. This makes 57201 Watertown, SD an ideal place for those looking to save money on their monthly bills while still enjoying a quality of life that is unmatched by most cities and towns across America.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWatertownSouth DakotaUnited States
    Unlock89.3100.0
  100.4  Unlock100.0
    Unlock120.8100.0
  74.3  Unlock100.0
    Unlock$268,000$338,100
  88.4  Unlock100.0
    Unlock71.2100.0
  79.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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