Watertown Town, MA Cost Of Living
Cost Of Living In Watertown Town, MA Summary
Cost of living in Watertown Town research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Watertown Town is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Massachusetts, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Watertown Town is 171, with 100 being the average.
The cost of living index in Watertown Town is 1.7x higher than the national average.
Watertown Town ranks as the #93 cheapest in Massachusetts out of 112.
Watertown Town ranks as the #6,086 cheapest out of 6,489 in the US.
The median home value in Watertown Town is $910,589.
The median income in Watertown Town is $123,422.
Table Of Contents
Watertown Town's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Watertown Town, MA?
According to the most recent data on the cost of living, Watertown Town has an overall cost of living index of 171, which is 1.7x higher than the national index of 100.
Compared to Massachusetts, Watertown Town has a cost of living index that's 1.3x higher than Massachusetts's index of 134.
The standard of living in Watertown Town ranks as #93 most affordable out of the 112 places we measured in Massachusetts. By definition, that implies Watertown Town ranks as the #19 most expensive place in the Bay State.
For more reading on life in Watertown Town, check out:
In Massachusetts
In America
Watertown Town Cost Of Living Vs. Massachusetts
Six factors go into calculating the cost of living index in Watertown Town. Here is how it fairs on each of the criteria:
The Services index in Watertown Town is 124.
The Groceries index in Watertown Town is 106.
The Health index in Watertown Town is 111.
The Housing index in Watertown Town is 288.
The Transportation index in Watertown Town is 118.
The Utilities index in Watertown Town is 132.
| Living Expense | Watertown Town | Massachusetts | National Average | |
|---|---|---|---|---|
| Overall | 171 | 134 | 100 | |
| Services | 124 | 121 | 100 | |
| Groceries | 106 | 106 | 100 | |
| Health | 111 | 112 | 100 | |
| Housing | 288 | 164 | 100 | |
| Transportation | 118 | 120 | 100 | |
| Utilities | 132 | 136 | 100 | |
Watertown Town, MA Housing Cost Breakdown
Housing swings affordability the most between places in Massachusetts, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Watertown Town is $910,589.
The Median Rent in Watertown Town is $2,357.
The Median Income in Watertown Town is $123,422.
The Home Value To Income in Watertown Town is 7.4x.
The Rent To Monthly Income in Watertown Town is 0.23x.
| Statistic | Watertown Town | Massachusetts | United States |
|---|---|---|---|
| Median Home Value | $910,589 | $649,115 | $303,400 |
| Median Rent | $2,357 | $1,687 | $1,348 |
| Median Income | $123,422 | $101,341 | $78,538 |
| Home Value To Income | 7.4x | 6.4x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Watertown Town, MA Costs By Category
Detailed Watertown Town Services Costs Vs. Massachusetts
| Item | Watertown Town | Massachusetts |
|---|---|---|
| Shampoo | $1.49 | $1.28 |
| Movie | $15.49 | $12.13 |
| Bowling | $29.33 | $18 |
| Haircut | $43.72 | $24.26 |
| Beauty Salon | $65.56 | $45.56 |
Detailed Watertown Town Groceries Costs Vs. Massachusetts
| Item | Watertown Town | Massachusetts |
|---|---|---|
| Ground Beef | $5.48 | $5.84 |
| Fried Chicken | $1.45 | $1.57 |
| Milk | $4.76 | $4.67 |
| Potatoes | $4.99 | $4.93 |
| Pizza | $12.52 | $12.09 |
| Beer | $10.21 | $10.41 |
| Toothpaste | $3.53 | $3.7 |
Detailed Watertown Town Health Costs Vs. Massachusetts
| Item | Watertown Town | Massachusetts |
|---|---|---|
| Optometrist | $123.17 | $125.68 |
| Doctor | $157.89 | $135.78 |
| Dentist | $149.22 | $113.29 |
Detailed Watertown Town Transportation Costs Vs. Massachusetts
| Item | Watertown Town | Massachusetts |
|---|---|---|
| Gasoline | $3.43 | $3.46 |
| Tire Balancing | $97.39 | $59.92 |
Detailed Watertown Town Utilities Costs Vs. Massachusetts
| Item | Watertown Town | Massachusetts |
|---|---|---|
| All Electricity | $302.72 | $193.99 |
| Phone | $187.85 | $192.25 |
Watertown Town SnackAbility
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