Watertown Town, MA Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

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 152, with 100 being the average.

  • The cost of living index in Watertown Town is 1.5x higher than the national average.

  • Watertown Town ranks as the #92 cheapest in Massachusetts out of 113.

  • Watertown Town ranks as the #5,876 cheapest out of 6,412 in the US.

  • The median home value in Watertown Town is $641,500.

  • The median income in Watertown Town is $101,402.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
152
Watertown Town's Overall Cost Of Living
1.5x
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 152, which is 1.5x higher than the national index of 100.

Compared to Massachusetts, Watertown Town has a cost of living index that's 1.1x higher than Massachusetts's index of 143.

The standard of living in Watertown Town ranks as #92 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Watertown Town ranks as the #21 most expensive place in the Bay State.

For more reading on life in Watertown Town, check out:

92 out of 113
In Massachusetts
5,876 out of 6,412
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 125.

  • The Groceries index in Watertown Town is 112.

  • The Health index in Watertown Town is 123.

  • The Housing index in Watertown Town is 232.

  • The Transportation index in Watertown Town is 109.

  • The Utilities index in Watertown Town is 122.

Living Expense Watertown Town Massachusetts National Average
Overall 152 143 100
Services 125 126 100
Groceries 112 108 100
Health 123 117 100
Housing 232 202 100
Transportation 109 114 100
Utilities 122 123 100
For more reading on cost of living around Massachusetts, check out:
Watertown Town Cost of Living Vs. MA

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 2017-2021. The key points are:

  • The Median Home Value in Watertown Town is $641,500.

  • The Median Rent in Watertown Town is $2,000.

  • The Median Income in Watertown Town is $101,402.

  • The Home Value To Income in Watertown Town is 6.3x.

  • The Rent To Monthly Income in Watertown Town is 0.24x.

Statistic Watertown Town Massachusetts United States
Median Home Value $641,500 $424,700 $244,900
Median Rent $2,000 $1,429 $1,163
Median Income $101,402 $89,026 $69,021
Home Value To Income 6.3x 4.8x 3.5x
Rent To Monthly Income 0.24x 0.19x 0.2x
Search Homes For Sale In Watertown Town, MA
$641,500
Median Home Value
$2,000
Median Rent
$101,402
Median Income

Watertown Town, MA Costs By Category

Detailed Watertown Town Services Costs Vs. Massachusetts

Item Watertown Town Massachusetts
Shampoo $1.0 $1.06
Movie $14.43 $10.68
Bowling $21.0 $14.67
Haircut $34.97 $18.62
Beauty Salon $64.17 $39.05

Detailed Watertown Town Groceries Costs Vs. Massachusetts

Item Watertown Town Massachusetts
Ground Beef $3.74 $4.22
Fried Chicken $1.64 $1.39
Milk $2.27 $2.05
Potatoes $4.02 $3.29
Pizza $11.16 $10.62
Beer $9.29 $9.38
Toothpaste $2.3 $2.34

Detailed Watertown Town Health Costs Vs. Massachusetts

Item Watertown Town Massachusetts
Optometrist $102.75 $108.57
Doctor $194.0 $116.17
Dentist $108.27 $99.13

Detailed Watertown Town Transportation Costs Vs. Massachusetts

Item Watertown Town Massachusetts
Gasoline $2.19 $2.22
Tire Balancing $64.47 $50.07

Detailed Watertown Town Utilities Costs Vs. Massachusetts

Item Watertown Town Massachusetts
All Electricity $233.87 $167.67
Phone $181.11 $175.64

Watertown Town SnackAbility

7.5
/10
Overall SnackAbility
Jobs
8/10
Housing
9.5
Affordability
4
Diversity
8
Safety
N/A
Amenities
10
Education
9
Commute
6

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