Cost of Living in Watertown, CT
Population 22,171 · Connecticut · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Watertown a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $292,000.
Watertown sits roughly 6 miles northwest of Waterbury — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 57% higher than Waterbury's $185,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Watertown
The median home value in Watertown is $291,600 — 4% below the national median of $305,000. Median rent runs $1,295/month, 1% lower than the national median of $1,314/month. The median household income of $97,664/year is 31% higher than the US median of $74,580. The local unemployment rate is 4.1%, below the national average of 4.8%. Connecticut's top state income tax rate is 7.0% and the combined sales tax is 6.3%. The climate averages highs of 61.0°F and lows of 40.4°F. Overall, Watertown has a cost of living index of 97 versus the US average of 100, meaning it is 3% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 37 | 39 | 48 | 60 | 70 | 79 | 84 | 82 | 75 | 64 | 52 | 42 |
| Low °F | 19 | 20 | 28 | 38 | 48 | 57 | 63 | 61 | 54 | 42 | 32 | 25 |
| Precip" | 3.05 | 2.93 | 4.05 | 4.13 | 3.48 | 4.05 | 3.38 | 3.54 | 4.28 | 4.49 | 3.36 | 4.12 |
Frequently Asked Questions
What is the cost of living in Watertown, CT?
Watertown has a cost index of 97 (100 = national average). It is 3% below the national average.
What is average rent in Watertown, CT?
The median gross rent in Watertown is $1,295 per month based on 2023 Census data.
What is the average home price in Watertown?
The median home value in Watertown is $291,600 according to 2023 Census ACS data.
What is the median income in Watertown?
The median household income in Watertown is $97,664 per year (2023 ACS 5-year estimates).
What is the sales tax in Watertown, CT?
The combined state and local sales tax rate in Watertown is 6.3%. The Connecticut state income tax top rate is 7.0%.
Is Watertown, CT affordable?
Watertown is near the national average in terms of cost of living, with an index of 97 (100 = US average).
What is the weather like in Watertown?
Watertown has average high temperatures of 61.0°F and average lows of 40.4°F. Annual precipitation is 44.9". Data from NOAA 1991–2020 Climate Normals.
Watertown at a Glance
- Population
- 22,171
- Median Income
- $97,664
- Home Value
- $291,600
- Median Rent
- $1,295/mo
- Unemployment
- 4.1%
- Avg High Temp
- 61.0°F
- Sales Tax
- 6.3%
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