Cost of Living: Parker, SD vs Watertown, MA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Parker Watertown
Housing Index 85.0 120.0
Median Home Price $185,000 $616,800
Average Rent (2 BR Apartment) $1200 $2800
Average Rent (2 BR House) $1360 $2750

Housing Comparison: Parker vs Watertown

  • The median home price in Watertown is higher at $616,800, compared to $185,000 in Parker.
  • In Watertown, the rental for a two-bedroom apartment stands at $2,800, while it is $1,200 in Parker.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Parker Watertown
Electricity Price $14.15 $28.15
Natural Gas Price $10.63 $21.62
Other Utilities $250 $250

Utilities Comparison: Parker vs Watertown

  • Watertown has higher electricity costs at $28.15 per kWh, versus $14.15 in Parker.
  • Watertown experiences higher natural gas costs at $21.62 per unit, with costs at $10.63 in Parker.
  • Utility expenses are equal in both Parker and Watertown averaging $250.