Cost of Living in Watson, MN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

67.9

100 = national avg

-32.1 vs national average

Living Wage (1 Adult)

$29,869

per year

Living Wage (Family of 4)

$70,598

per year

Cost Index by Category

Housing
61.8
Food
79.8
Transportation
59.6
Healthcare
83.8
Utilities
80.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$772

per month

2 Bedroom

$973

per month

The overall cost of living index in Watson is 67.9, which is 32.1% below the national average. Housing costs are below the national average at an index of 61.8. A single adult needs to earn approximately $29,869 per year to cover basic expenses.