Cost of Living: Watertown, SD vs Severn, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Watertown | Severn |
|---|---|---|
| Housing Index | 75.0 | Data is updating |
| Median Home Price | $220,000 | $441,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1440 | $Data is updating |
Housing Comparison: Watertown vs Severn
- The median home price in Severn is higher at $441,000, compared to $220,000 in Watertown.
- The rent for a two-bedroom apartment is equal in both Watertown and Severn at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Watertown | Severn |
|---|---|---|
| Electricity Price | $14.15 | $17.41 |
| Natural Gas Price | $10.63 | $18.44 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Watertown vs Severn
- Severn has higher electricity costs at $17.41 per kWh, versus $14.15 in Watertown.
- Severn experiences higher natural gas costs at $18.44 per unit, with costs at $10.63 in Watertown.
- Utility expenses are equal in both Watertown and Severn averaging $250.