Housing costs in Spearfish?
A typical home costs
$335,600, which is 0.7% less expensive than the national average of
$338,100 and 25.2% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Spearfish 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 Spearfish?
To live comfortably in Spearfish South Dak Metro Area, South Dakota, a minimum annual income of
$64,440 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Spearfish?
The cost of living in the Spearfish, SD Metro Area is 6% lower than the US average. This means that people living in this area are able to enjoy the same amenities and services at a more affordable rate. Housing is particularly affordable, with median home prices coming in at almost $335600, significantly lower than the national figure of $338100. This provides many families with an extra financial cushion, allowing them to save money and live comfortably.