Cost of Living: Livonia, MI vs Watertown, SD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Livonia | Watertown |
|---|---|---|
| Housing Index | 90.6 | 75.0 |
| Median Home Price | $305,000 | $220,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1440 |
Housing Comparison: Livonia vs Watertown
- In Livonia, the median home price is higher at $305,000, while in Watertown it is $220,000.
- The rent for a two-bedroom apartment is equal in both Livonia and Watertown at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Livonia | Watertown |
|---|---|---|
| Electricity Price | $19.88 | $14.15 |
| Natural Gas Price | $15.42 | $10.63 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Livonia vs Watertown
- Electricity costs are higher in Livonia at $19.88 per kWh, compared to $14.15 in Watertown.
- Natural gas is more expensive in Livonia at $15.42 per unit, while it is cheaper at $10.63 in Watertown.
- Utility expenses are equal in both Livonia and Watertown averaging $250.