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College Costs in Watertown, SD 2026

Compare tuition, housing, and financial aid across 2 colleges in Watertown, South Dakota. Use our free calculator to estimate your total cost.

Avg Public Tuition

$9,700

per year

Avg Private Tuition

$24,000

per year

Avg Rent Near Campus

$585

per month

Colleges & Universities

2

institutions

Watertown Overview

Population

22,655

Student Population

1,606 (7.1%)

Cost of Living Index

88.2 (avg: 100)

Walk Score

40/100

Transit Score

25/100

Unemployment Rate

2.2%

College Cost Calculator for Watertown

Cost Inputs

Total Cost (4 Years, Public In-State)

$91,820

Total After Financial Aid

$91,820

Annual Cost

$22,955

Annual After Aid

$22,955

Cost Breakdown (4 Years)

Tuition$38,800
Room & Board$53,020

If Financed (10-Year Loan at 6.5%)

Loan Amount$91,820
Monthly Payment$1,043
Total Interest$33,292
Total Loan Cost$125,112

Universities in Watertown

UniversityTypeAnnual Tuition
Watertown State UniversityPublic$9,059
Watertown Community CollegeCommunity$5,020

Watertown has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Watertown vs. National Average

CategoryWatertownNational AvgDifference
Public Tuition (In-State)$9,700$10,940-$1,240
Monthly Rent Near Campus$585$1,050-$465
Cost of Living Index88.2100-11.799999999999997

Watertown's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Watertown

40

Walk Score

Car-Dependent

25

Transit Score

Minimal Transit

7.1%

Student Population

1,606 students

Watertown has a total population of 22,655, with approximately 1,606 college students (7.1% of the population). While not primarily a college town, Watertown offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Watertown

$26,792

Starting Salary

2.2%

Unemployment Rate

62%

Graduation Rate

~0 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Watertown earn a median starting salary of $26,792, which is -$8,208 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $91,820 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $10,887 per student per year, the net cost and payback period can be significantly reduced.

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