Cost of Living: Watertown, MA vs Saratoga springs, NY

Housing

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

Metric Watertown Saratoga springs
Housing Index 120.0 120.0
Median Home Price $616,800 $430,000
Average Rent (2 BR Apartment) $2800 $2300
Average Rent (2 BR House) $2750 $2400

Housing Comparison: Watertown vs Saratoga springs

  • In Watertown, the median home price is higher at $616,800, while in Saratoga springs it is $430,000.
  • Renting a two-bedroom apartment costs more in Watertown at $2,800 than in Saratoga springs at $2,300.

Utilities

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

Metric Watertown Saratoga springs
Electricity Price $28.15 $26.08
Natural Gas Price $21.62 $18.13
Other Utilities $250 $250

Utilities Comparison: Watertown vs Saratoga springs

  • Electricity costs are higher in Watertown at $28.15 per kWh, compared to $26.08 in Saratoga springs.
  • Natural gas is more expensive in Watertown at $21.62 per unit, while it is cheaper at $18.13 in Saratoga springs.
  • Utility expenses are equal in both Watertown and Saratoga springs averaging $250.