Question 1

What is the cost of living in South Dakota?

Accepted Answer

South Dakota has an average cost of living index of 74, which is 33% below the national average of 111. Average monthly rent across tracked cities is $1,265, and average median household income is $74,714.

Question 2

What is the cheapest city in South Dakota?

Accepted Answer

Sioux Falls is the most affordable city tracked in South Dakota, with a cost index of 74 and median rent of $1,265/month.

Question 3

What is the most expensive city in South Dakota?

Accepted Answer

Sioux Falls is the most expensive city tracked in South Dakota, with a cost index of 74 and median rent of $1,265/month.

Question 4

What is the average rent in South Dakota?

Accepted Answer

The average monthly rent across 1 tracked cities in South Dakota is $1,265. The cheapest rent is in Sioux Falls at $1,265/month.

Question 5

What is the average household income in South Dakota?

Accepted Answer

The average median household income across tracked cities in South Dakota is $74,714. The highest-earning city is Sioux Falls at $74,714.

Question 6

Is South Dakota affordable to live in?

Accepted Answer

South Dakota's average rent-to-income ratio is 20.3%. Financial advisors recommend keeping rent below 30% of gross income. South Dakota is generally considered affordable, with rent taking less than 30% of typical incomes.

South Dakota

Core metrics, city comparisons, and tax signals

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South Dakota

Core metrics, city comparisons, and tax signals