Cost of Living: Watertown, SD vs Syracuse, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Watertown | Syracuse |
|---|---|---|
| Housing Index | 75.0 | 120.0 |
| Median Home Price | $220,000 | $185,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1440 | $1600 |
Housing Comparison: Watertown vs Syracuse
- In Watertown, the median home price is higher at $220,000, while in Syracuse it is $185,000.
- In Syracuse, 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 | Syracuse |
|---|---|---|
| Electricity Price | $14.15 | $26.08 |
| Natural Gas Price | $10.63 | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Watertown vs Syracuse
- Syracuse has higher electricity costs at $26.08 per kWh, versus $14.15 in Watertown.
- Syracuse experiences higher natural gas costs at $18.13 per unit, with costs at $10.63 in Watertown.
- Utility expenses are equal in both Watertown and Syracuse averaging $250.