Cost of Living: Watertown, MA vs Lafayette, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Watertown | Lafayette |
|---|---|---|
| Housing Index | 120.0 | 183.0 |
| Median Home Price | $616,800 | $1,148,000 |
| Average Rent (2 BR Apartment) | $2800 | $3150 |
| Average Rent (2 BR House) | $2750 | $3225 |
Housing Comparison: Watertown vs Lafayette
- The median home price in Lafayette is higher at $1,148,000, compared to $616,800 in Watertown.
- In Lafayette, the rental for a two-bedroom apartment stands at $3,150, while it is $2,800 in Watertown.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Watertown | Lafayette |
|---|---|---|
| Electricity Price | $28.15 | $32.99 |
| Natural Gas Price | $21.62 | $16.99 |
| Other Utilities | $250 | $350 |
Utilities Comparison: Watertown vs Lafayette
- Lafayette has higher electricity costs at $32.99 per kWh, versus $28.15 in Watertown.
- Natural gas is more expensive in Watertown at $21.62 per unit, while it is cheaper at $16.99 in Lafayette.
- Lafayette has higher utility expenses, averaging $350, while Watertown averages $250.