Housing costs in Fort Thompson?
A typical home costs
$135,700, which is 59.9% less expensive than the national average of
$338,100 and 49.4% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Fort Thompson costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 4.6% cheaper than the state average of
$910.
Can I afford Fort Thompson?
To live comfortably in Fort Thompson, South Dakota, a minimum annual income of
$25,920 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Fort Thompson?
The cost of living in Fort Thompson, SD is relatively low compared to other parts of the country. The median home value is affordable at just over $72,000 and the median rent is only slightly higher at just under $800. The cost of a gallon of gas is also very reasonable, usually hovering around $2.20 a gallon. Grocery prices are also quite low compared to the national average, making it an ideal place for those on a budget. Additionally, there are several tax incentives for businesses located in the area that further help to keep costs down for locals. All told, the cost of living in Fort Thompson is extremely favorable when compared to other cities and towns across America.