Cost of Living: Watertown, MA vs Bloomfield, KY

Housing

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

Metric Watertown Bloomfield
Housing Index 120.0 Data is updating
Median Home Price $616,800 $162,000
Average Rent (2 BR Apartment) $2800 $Data is updating
Average Rent (2 BR House) $2750 $Data is updating

Housing Comparison: Watertown vs Bloomfield

  • In Watertown, the median home price is higher at $616,800, while in Bloomfield it is $162,000.
  • The rent for a two-bedroom apartment is equal in both Watertown and Bloomfield at $2,800.

Utilities

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

Metric Watertown Bloomfield
Electricity Price $28.15 $12.87
Natural Gas Price $21.62 $22.78
Other Utilities $250 $Data is updating

Utilities Comparison: Watertown vs Bloomfield

  • Electricity costs are higher in Watertown at $28.15 per kWh, compared to $12.87 in Bloomfield.
  • Bloomfield experiences higher natural gas costs at $22.78 per unit, with costs at $21.62 in Watertown.
  • Utility expenses are equal in both Watertown and Bloomfield averaging $250.