Housing costs in Odessa?
A typical home costs
$235,300, which is 30.4% less expensive than the national average of
$338,100 and 12.2% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Odessa costs
$830 per month, which is 42.0% more than the national average of
$1,430 and 9.6% cheaper than the state average of
$910.
Can I afford Odessa?
To live comfortably in Odessa, South Dakota, a minimum annual income of
$45,000 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Odessa?
Odessa, SD is an affordable place to live with a cost of living that is lower than both the state and national averages. According to Sperling's Best Places, housing costs in Odessa are 38.4% lower than the national average and groceries are 13.3% lower. Utilities are 8.4% higher than the national average due to its more remote location, but overall Odessa offers very reasonable prices for everyday expenses. Additionally, property taxes in Odessa are quite low compared to other cities across the country. With its affordable prices, small-town charm, and close proximity to larger towns like Mitchell and Sioux Falls, South Dakota residents looking for a new hometown may want to consider Odessa as their next destination.