Cost of Living in Watertown, CT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
138.3
100 = national avg
+38.3 vs national average
Living Wage (1 Adult)
$60,854
per year
Living Wage (Family of 4)
$143,838
per year
Cost Index by Category
Housing143.6
Food124.9
Transportation149.8
Healthcare119.9
Utilities123.7
100 = national average. Higher = more expensive.
The overall cost of living index in Watertown is 138.3, which is 38.3% above the national average. Housing costs are above the national average at an index of 143.6. A single adult needs to earn approximately $60,854 per year to cover basic expenses.