Housing costs in Mitchell?
A typical home costs
$215,100, which is 36.4% less expensive than the national average of
$338,100 and 19.7% 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 Dak Metro Area, South Dakota, a minimum annual income of
$41,040 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Mitchell?
The cost of living in the Mitchell, SD Metro Area is 79.6 compared to the national average of 100. This makes it a relatively affordable place to live, with housing prices also being lower than the national average with a median house value of $215,100 compared to the US average house value of $338,100. While these factors make this area an attractive place for many families, you may find that some items or services cost more than you would expect when basing your budget off of the national averages.