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Newton, MA vs Watertown Town, MA

210
Newton
Massachusetts
VS
+22.9%
171
Watertown Town
Massachusetts

There is a significant gap in the cost of living between these two cities. Watertown Town is 22.9% cheaper than Newton. With a cost index of 171 vs 210, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Watertown Town to Newton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Newton is $2,388/month compared to $2,357/month in Watertown Town — a 1% difference. Home values follow the same pattern: Watertown Town is more affordable at $737,600 median vs $1,202,500.

Median household income in Newton is $184,989 compared to $123,422 in Watertown Town (+49.9%). While Newton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newton spend roughly 15.5% of their income on rent, less than the 22.9% in Watertown Town.

Climate-wise, both cities share similar average temperatures (49.7°F vs 51.9°F). Newton receives more rainfall at 53.3" per year compared to 43.6" in Watertown Town.

Income & Cost

Cost of Living Index
Newton
210
Watertown Town
171
19% cheaper
Median Household Income
Newton
$184,989
33% higher
Watertown Town
$123,422

Housing

Median Rent
Newton
$2,388
Watertown Town
$2,357
1% cheaper
Median Home Value
Newton
$1,202,500
Watertown Town
$737,600
39% cheaper
Population
Newton
88,504
Watertown Town
35,270

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Newton $3.09
Watertown Town $3.09
US $3.07
🥚
Eggs (grade A, large)
Newton $2.52
Watertown Town $2.52
US $2.50
🥛
Milk (whole)
Newton $4.06
Watertown Town $4.06
US $4.03
🍞
Bread (white)
Newton $1.87
Watertown Town $1.87
US $1.85
🍗
Chicken breast
Newton $4.18
Watertown Town $4.18
US $4.14
Electricity
Newton $0.33
Watertown Town $0.33
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Newton 49.7°F
Watertown Town 51.9°F
Summer High
Newton 82°F
Watertown Town 82°F
Winter Low
Newton 19°F
Watertown Town 23°F
Rainfall
Newton 53.3"
Watertown Town 43.6"
Rainy Days
Newton 143d
Watertown Town 128d