Murdo, SD Cost of Living


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Murdo cost of living score
73.5
Less expensive
26.5% lower
than the US average
17.7% lower
than the South Dakota average
Murdo, South Dakota gets a BestPlaces Cost of Living score of 73.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.5% lower than the U.S. average and 17.7% higher than the average for South Dakota.

Murdo, SD

Housing costs in Murdo?
A typical home costs $127,400, which is 62.3% less expensive than the national average of $338,100 and 52.5% less expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Murdo costs $860 per month, which is 39.9% cheaper than the national average of $1,430 and 5.8% cheaper than the state average of $910.

Can I afford Murdo?
To live comfortably in Murdo, South Dakota, a minimum annual income of $24,480 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Murdo?
Murdo, SD is an affordable place to live with the cost of living being lower than both the South Dakota and national averages. The median home value in Murdo is around $75,500, which is significantly lower than the state median of $129,800. Residents also enjoy a low housing market with a median rent price of around $600 per month. Overall, the cost of living in Murdo is very affordable and makes it attractive for those looking for a budget-friendly place to live.
   Cost of living score
     CategoriesMurdoSouth DakotaUnited States
  73.589.3100.0
  96.397100
  145.4120.8100.0
  33.582.1100.0
  $127,400$268,000$338,100
  91.8%93.6%100.0%
  61.071.2100.0
  68.877.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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