Housing costs in Mitchell?
A typical home costs
$218,400, which is 35.4% less expensive than the national average of
$338,100 and 18.5% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Mitchell costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 7.1% cheaper than the state average of
$910.
Can I afford Mitchell?
To live comfortably in Mitchell, South Dakota, a minimum annual income of
$41,760 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Mitchell?
The cost of living in Mitchell, SD is relatively low compared to other cities. The median home value is $145,000 and the median rent is $740 per month. The cost of groceries, healthcare, and utilities are all quite reasonable. In addition, there is no state income tax in South Dakota, making it a great place for those looking for an affordable lifestyle. The overall cost of living in Mitchell is approximately 11% lower than the national average, making it an attractive option for those who want to enjoy the Midwest lifestyle without breaking the bank.