Grant township (Lincoln County), SD Cost of Living


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Grant township (Lincoln County) cost of living score
95.6
Less expensive
4.4% lower
than the US average
7.1% higher
than the South Dakota average
Grant township (Lincoln County), South Dakota gets a BestPlaces Cost of Living score of 95.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.4% lower than the U.S. average and 7.1% lower than the average for South Dakota.

Grant township (Lincoln County), SD

Housing costs in Grant township (Lincoln County)?
A typical home costs $290,500, which is 14.1% less expensive than the national average of $338,100 and 8.4% more expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Grant township (Lincoln County) costs $850 per month, which is 40.6% more than the national average of $1,430 and 7.1% cheaper than the state average of $910.

Can I afford Grant township (Lincoln County)?
To live comfortably in Grant township (Lincoln County), South Dakota, a minimum annual income of $55,800 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Grant township (Lincoln County)?
The cost of living in Grant Township (Lincoln County), South Dakota is relatively low. According to BestPlaces, the cost of living index for Grant Township is 79.2, which is significantly lower than the national average of 100. This means that basic commodities such as groceries, housing, and utilities are typically cheaper than they would be in other areas. The median home price in Grant Township also falls below the national average at $110,800. Furthermore, the median household income for those residing in Grant Township is estimated to be around $62,864 per year. All these factors make Grant Township an affordable place to live with a variety of amenities and recreation opportunities available nearby.
   Cost of living score
     CategoriesGrant township (Lincoln County)South DakotaUnited States
  95.689.3100.0
  99.197100
  103.0120.8100.0
  59.482.1100.0
  $290,500$268,000$338,100
  92.0%93.6%100.0%
  79.971.2100.0
  96.777.6100.0

   100=National Average

   Average Rent by Bedroom Size
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