The cost of living in Watertown, CT, exceeds the nationwide average in several key areas. Housing costs are 30% higher, while groceries and utilities are 5% and 10% higher, respectively. Healthcare costs also rise by 15%, making Watertown more expensive in these categories. However, transportation costs are 5% lower than the national average, offering some relief. Overall, the cost of living in Watertown, CT, is notably higher, with an average increase of 10% compared to the nationwide average.
The cost of living in Watertown, CT, shows some variations compared to the nationwide average, which is set at 100. Housing costs are notably higher, with a cost of living index of 130. This means housing expenses in Watertown are 30% higher than the national average. For job seekers considering Watertown, this could significantly impact their budget if they are looking to rent or buy a home.
Other expenses also differ from the national average. Groceries in Watertown have a cost of living index of 105, which is 5% higher than the average. Utilities, which include electricity, gas, and water, have an index of 110, indicating a 10% increase. Transportation costs, however, are slightly lower, with an index of 95, meaning they are 5% below the national average. Healthcare costs are 15% higher, with an index of 115. Miscellaneous expenses, such as entertainment and personal care, match the national average at 100. These figures provide a clear picture of what potential residents might expect in terms of living expenses in Watertown, CT.