Housing costs in Canton?
A typical home costs
$241,900, which is 28.5% less expensive than the national average of
$338,100 and 9.7% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Canton costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 7.1% cheaper than the state average of
$910.
Can I afford Canton?
To live comfortably in Canton, South Dakota, a minimum annual income of
$46,440 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Canton?
Canton, SD is known for having a low cost of living. The median home cost in the area is $119,400, which is much lower than the national average of $231,000. In addition, the overall cost of living index in Canton is 81.7, compared to a U.S. average of 100. This makes Canton one of the more affordable places to live in South Dakota and across the entire country. Taxes are also relatively low in Canton—sales tax is 5%, and property taxes are among the lowest in the state at 0.50%. All this considered, Canton provides an excellent quality of life all while saving money on everyday expenses.