Housing costs in Brookings?
A typical home costs
$252,800, which is 25.2% less expensive than the national average of
$338,100 and 5.7% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Brookings costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 4.6% cheaper than the state average of
$910.
Can I afford Brookings?
To live comfortably in Brookings, South Dakota, a minimum annual income of
$48,600 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Brookings?
The cost of living in Brookings, SD is relatively affordable compared to other cities of similar size. The median home value is approximately $200,000 and the average rent for a one bedroom apartment is around $700 per month. Groceries, dining out, and transportation costs are all generally lower than the national average. In addition, Brookings has a low sales tax rate which helps to offset some of the everyday expenses associated with living in this small Midwestern city. Overall, Brookings offers an ideal balance between affordability and quality of life for its residents.