Housing costs in Reliance?
A typical home costs
$105,000, which is 68.9% less expensive than the national average of
$338,100 and 60.8% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Reliance costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 19.7% cheaper than the state average of
$910.
Can I afford Reliance?
To live comfortably in Reliance, South Dakota, a minimum annual income of
$20,160 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Reliance?
The cost of living in Reliance, SD is quite reasonable. The overall cost of living index is well below the national average, in the mid 70s when compared to 100 for the rest of the United States. In addition, the housing market in Reliance and the surrounding area is fairly affordable due to its rural location with an average cost of a home just under $150,000. There are also several dining options ranging from fast food restaurants to local family-owned establishments. Groceries are also moderately priced depending on where you shop. All in all, it's easy to get by in Reliance without breaking your budget.