Ferney, SD Cost of Living


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Ferney cost of living score
78.4
Less expensive
21.6% lower
than the US average
12.2% lower
than the South Dakota average
Ferney, South Dakota gets a BestPlaces Cost of Living score of 78.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.6% lower than the U.S. average and 12.2% higher than the average for South Dakota.

Ferney, SD

Housing costs in Ferney?
A typical home costs $227,600, which is 32.7% less expensive than the national average of $338,100 and 15.1% less expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Ferney costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 9.6% cheaper than the state average of $910.

Can I afford Ferney?
To live comfortably in Ferney, South Dakota, a minimum annual income of $43,560 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Ferney?
Ferney, SD is a small town with a low cost of living. Most basic household expenses like groceries and utilities are significantly lower than the national average, making it an ideal place to live for those on a budget. In addition to this, the median home price in Ferney is well below the national average, making it an affordable option for first-time homebuyers or those looking for a more rural living experience. With its wide array of outdoor activities and natural beauty, Ferney is an excellent choice for those searching for a cost-effective community that offers plenty to do.
   Cost of living score
     CategoriesFerneySouth DakotaUnited States
  78.489.3100.0
  99.697100
  104.5120.8100.0
  54.982.1100.0
  $227,600$268,000$338,100
  92.8%93.6%100.0%
  58.671.2100.0
  91.577.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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