Housing costs in Hermosa?
A typical home costs
$389,600, which is 15.2% more expensive than the national average of
$338,100 and 45.4% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Hermosa costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 14.2% more than the state average of
$910.
Can I afford Hermosa?
To live comfortably in Hermosa, South Dakota, a minimum annual income of
$74,520 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Hermosa?
Hermosa, SD is a small, rural town with low cost of living. The median home price in Hermosa is just over $90,000 which is significantly lower than the national average. Renting an apartment or house in Hermosa is also very affordable and can range from $450 to $700 per month depending on size and location. The cost of living in Hermosa is about 10% lower than the national average, making it an attractive option for people looking for an affordable place to live. Groceries and other basic necessities are also quite low in this small town. All in all, Hermosa offers excellent value for money when it comes to the cost of living.