Cost of Living: Watertown, SD vs Gilbert, AZ

Housing

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

Metric Watertown Gilbert
Housing Index 75.0 110.0
Median Home Price $220,000 $480,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1440 $1840

Housing Comparison: Watertown vs Gilbert

  • The median home price in Gilbert is higher at $480,000, compared to $220,000 in Watertown.
  • In Gilbert, the rental for a two-bedroom apartment stands at $1,800, 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 Gilbert
Electricity Price $14.15 $15.14
Natural Gas Price $10.63 $23.51
Other Utilities $250 $250

Utilities Comparison: Watertown vs Gilbert

  • Gilbert has higher electricity costs at $15.14 per kWh, versus $14.15 in Watertown.
  • Gilbert experiences higher natural gas costs at $23.51 per unit, with costs at $10.63 in Watertown.
  • Utility expenses are equal in both Watertown and Gilbert averaging $250.