Cost of living in Watford
Data last updated: 12 May 2026
Rent in Watford
The average monthly rent in Watford is £1,275.
- 1 Bed£1,050 /mo
- 2 Bed£1,350 /mo
- 3 Bed£1,600 /mo
- 4+ Bed£2,175 /mo
The cheapest 25% of rents start from £1,050/month.
Source: ONS Private Rental Market Statistics
Earnings in Watford
The average annual salary for residents of Watford is £37,172.
We use the median (middle value) as the average throughout this site. This is more representative than the mean, which can be skewed by extremely high or low values.
Source: ONS Annual Survey of Hours and Earnings (ASHE)
House prices in Watford
The average house price in Watford is £420,000.
- Detached£882,500
- Semi-detached£552,000
- Terraced£430,000
- Flat£272,500
Source: ONS / HM Land Registry
Council tax in Watford
Band D council tax in Watford is £2,447 per year.
- Band A£1,631
- Band B£1,903
- Band C£2,175
- Band DBenchmark£2,447
- Band E£2,990
- Band F£3,534
- Band G£4,078
- Band H£4,893
Source: MHCLG / Scottish Government / Welsh Government
Energy costs in Watford
Source: Ofgem Energy Price Cap, Q2 2026
Water costs in Watford
Source: Water UK / Discover Water, 2026-27
Compare Watford with another area
Data on this page is sourced from: ONS Private Rental Market Statistics, ONS Annual Survey of Hours and Earnings, ONS / HM Land Registry House Price Statistics, MHCLG / Scottish Government / Welsh Government council tax data, Ofgem Energy Price Cap, and Water UK / Discover Water. All official data is published under the Open Government Licence.