Cost of Living: Watertown, SD vs Tiffin, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Watertown | Tiffin |
|---|---|---|
| Housing Index | 75.0 | 85.0 |
| Median Home Price | $220,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1440 | $816 |
Housing Comparison: Watertown vs Tiffin
- In Watertown, the median home price is higher at $220,000, while in Tiffin it is $150,000.
- In Tiffin, the rental for a two-bedroom apartment stands at $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 | Tiffin |
|---|---|---|
| Electricity Price | $14.15 | $15.92 |
| Natural Gas Price | $10.63 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Watertown vs Tiffin
- Tiffin has higher electricity costs at $15.92 per kWh, versus $14.15 in Watertown.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Watertown at an average of $250, compared to Tiffin with $200.