Housing costs in Box Elder?
A typical home costs
$320,600, which is 5.2% less expensive than the national average of
$338,100 and 19.6% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Box Elder costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 15.0% more than the state average of
$910.
Can I afford Box Elder?
To live comfortably in Box Elder, South Dakota, a minimum annual income of
$61,560 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Box Elder?
Box Elder, SD is a great place to live due to its low cost of living. The median home value in Box Elder is about $142,000, which is much lower than the national average. Additionally, the median household income in Box Elder is $67,904 per year; this is slightly below the US median household income. It makes sense that housing costs are lower with income being on the lower side. Additionally, other basic expenses such as groceries and transportation tend to be cheaper when compared to other localities as well. All in all, the cost of living in Box Elder provides a great opportunity for individuals and families looking for a more affordable lifestyle without having to sacrifice amenities available in larger cities.