Cost of Living: Watertown, MA vs Mckinney, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Watertown | Mckinney |
|---|---|---|
| Housing Index | 120.0 | 95.0 |
| Median Home Price | $616,800 | $360,000 |
| Average Rent (2 BR Apartment) | $2800 | $1800 |
| Average Rent (2 BR House) | $2750 | $1900 |
Housing Comparison: Watertown vs Mckinney
- In Watertown, the median home price is higher at $616,800, while in Mckinney it is $360,000.
- Renting a two-bedroom apartment costs more in Watertown at $2,800 than in Mckinney at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Watertown | Mckinney |
|---|---|---|
| Electricity Price | $28.15 | $14.47 |
| Natural Gas Price | $21.62 | $26.29 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Watertown vs Mckinney
- Electricity costs are higher in Watertown at $28.15 per kWh, compared to $14.47 in Mckinney.
- Mckinney experiences higher natural gas costs at $26.29 per unit, with costs at $21.62 in Watertown.
- Other utility costs are higher in Watertown at an average of $250, compared to Mckinney with $200.