Cost of Living: Watertown, SD vs Broomfield, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Watertown | Broomfield |
|---|---|---|
| Housing Index | 75.0 | 120.0 |
| Median Home Price | $220,000 | $587,000 |
| Average Rent (2 BR Apartment) | $1200 | $2300 |
| Average Rent (2 BR House) | $1440 | $2350 |
Housing Comparison: Watertown vs Broomfield
- The median home price in Broomfield is higher at $587,000, compared to $220,000 in Watertown.
- In Broomfield, the rental for a two-bedroom apartment stands at $2,300, while it is $1,200 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 | Broomfield |
|---|---|---|
| Electricity Price | $14.15 | $15.21 |
| Natural Gas Price | $10.63 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Watertown vs Broomfield
- Broomfield has higher electricity costs at $15.21 per kWh, versus $14.15 in Watertown.
- Broomfield experiences higher natural gas costs at $11.3 per unit, with costs at $10.63 in Watertown.
- Utility expenses are equal in both Watertown and Broomfield averaging $250.