Hanson, SD Cost of Living


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How much do I need to live in Hanson, South Dakota?
$7,710 / month
for a family, 42.8% more expensive than the national average A total of $92,520 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Hanson cost of living score
79.3
Less expensive
20.7% lower
than the US average
11.2% lower
than the South Dakota average
Hanson, South Dakota gets a BestPlaces Cost of Living score of 79.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.7% lower than the U.S. average and 11.2% higher than the average for South Dakota.

Hanson, SD

Housing costs in Hanson?
A typical home costs $482,400, which is 42.7% more expensive than the national average of $338,100 and 80.0% more expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Hanson costs $850 per month, which is 40.6% more than the national average of $1,430 and 7.1% cheaper than the state average of $910.

Can I afford Hanson?
To live comfortably in Hanson, South Dakota, a minimum annual income of $92,520 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Hanson?
The cost of living in Hanson, SD is relatively affordable compared to other parts of the country. Housing costs are lower than the national average, with median home prices around $145,000. The cost of groceries and healthcare are also below the national average. Additionally, transportation costs are very low as most residents choose to drive rather than use public transit. Furthermore, there is no state income tax for South Dakota residents, making it an attractive place to live for both individuals and families.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHansonSouth DakotaUnited States
    Unlock89.3100.0
  99.0  Unlock100.0
    Unlock120.8100.0
  123.0  Unlock100.0
    Unlock$268,000$338,100
  96.6  Unlock100.0
    Unlock71.2100.0
  80.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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