Watertown, WI Cost Of Living
Cost Of Living In Watertown, WI Summary
Cost of living in Watertown 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 is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Wisconsin, 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 is 101, with 100 being the average.
The cost of living index in Watertown is 1.0x higher than the national average.
Watertown ranks as the #80 cheapest in Wisconsin out of 146.
Watertown ranks as the #2,735 cheapest out of 6,489 in the US.
The median home value in Watertown is $312,897.
The median income in Watertown is $68,333.
Table Of Contents
Watertown's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Watertown, WI?
According to the most recent data on the cost of living, Watertown has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Wisconsin, Watertown has a cost of living index that's 1.1x higher than Wisconsin's index of 95.
The standard of living in Watertown ranks as #80 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Watertown ranks as the #66 most expensive place in the Badger State.
For more reading on life in Watertown, check out:
In Wisconsin
In America
Watertown Cost Of Living Vs. Wisconsin
Six factors go into calculating the cost of living index in Watertown. Here is how it fairs on each of the criteria:
The Services index in Watertown is 106.
The Groceries index in Watertown is 101.
The Health index in Watertown is 122.
The Housing index in Watertown is 89.
The Transportation index in Watertown is 102.
The Utilities index in Watertown is 111.
| Living Expense | Watertown | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 101 | 95 | 100 | |
| Services | 106 | 98 | 100 | |
| Groceries | 101 | 100 | 100 | |
| Health | 122 | 111 | 100 | |
| Housing | 89 | 88 | 100 | |
| Transportation | 102 | 100 | 100 | |
| Utilities | 111 | 102 | 100 | |
Watertown, WI Housing Cost Breakdown
Housing swings affordability the most between places in Wisconsin, 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 is $312,897.
The Median Rent in Watertown is $1,061.
The Median Income in Watertown is $68,333.
The Home Value To Income in Watertown is 4.6x.
The Rent To Monthly Income in Watertown is 0.19x.
Median Home Value
Median Rent
Median Income
Watertown, WI Costs By Category
Detailed Watertown Services Costs Vs. Wisconsin
Detailed Watertown Groceries Costs Vs. Wisconsin
Detailed Watertown Health Costs Vs. Wisconsin
Detailed Watertown Transportation Costs Vs. Wisconsin
Detailed Watertown Utilities Costs Vs. Wisconsin
Watertown SnackAbility
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Cost Of Living In Cities Around Watertown
The cost of living varies in the cities and towns around Watertown. Here's a quick look at the cost of living in the most populous nearby places:
Oconomowoc, WI has a cost of living index of 110, 1.1x Watertown.
Beaver Dam, WI has a cost of living index of 96, 1.0x Watertown.
Hartford, WI has a cost of living index of 102, 1.0x Watertown.
| City | Population | Cost Of Living | Vs. Watertown |
|---|---|---|---|
| Oconomowoc, WI | 18,385 | 110 | 1.1x |
| Beaver Dam, WI | 16,629 | 96 | 1.0x |
| Hartford, WI | 15,761 | 102 | 1.0x |
| Fort Atkinson, WI | 12,490 | 102 | 1.0x |
| Jefferson, WI | 7,722 | 102 | 1.0x |
| Delafield, WI | 7,192 | 125 | 1.2x |
| Lake Mills, WI | 6,391 | 104 | 1.0x |
