diff --git a/{{cookiecutter.project_slug}}/requirements/local.txt b/{{cookiecutter.project_slug}}/requirements/local.txt
index 87474565..fbeb184b 100644
--- a/{{cookiecutter.project_slug}}/requirements/local.txt
+++ b/{{cookiecutter.project_slug}}/requirements/local.txt
@@ -1,6 +1,6 @@
 -r production.txt
 
-watchdog==4.0.2 # https://github.com/gorakhargosh/watchdog
+watchdog==5.0.3 # https://github.com/gorakhargosh/watchdog
 Werkzeug[watchdog]==3.0.4 # https://github.com/pallets/werkzeug
 ipdb==0.13.13  # https://github.com/gotcha/ipdb
 {%- if cookiecutter.use_docker == 'y' %}