Cost of Living: Watertown, SD vs Wallace, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Watertown | Wallace |
|---|---|---|
| Housing Index | 75.0 | Data is updating |
| Median Home Price | $220,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1440 | $Data is updating |
Housing Comparison: Watertown vs Wallace
- In Watertown, the median home price is higher at $220,000, while in Wallace it is $150,000.
- The rent for a two-bedroom apartment is equal in both Watertown and Wallace 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 | Wallace |
|---|---|---|
| Electricity Price | $14.15 | $14.18 |
| Natural Gas Price | $10.63 | $23.51 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Watertown vs Wallace
- Wallace has higher electricity costs at $14.18 per kWh, versus $14.15 in Watertown.
- Wallace 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 Wallace averaging $250.