Cost of Living in Watertown, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.1
100 = national avg
-23.9 vs national average
Living Wage (1 Adult)
$33,469
per year
Living Wage (Family of 4)
$79,108
per year
Cost Index by Category
Housing76.2
Food83.0
Transportation66.0
Healthcare86.4
Utilities85.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,034
per month
2 Bedroom
$1,318
per month
The overall cost of living index in Watertown is 76.1, which is 23.9% below the national average. Housing costs are below the national average at an index of 76.2. A single adult needs to earn approximately $33,469 per year to cover basic expenses.