Housing costs in Herreid?
A typical home costs
$107,000, which is 68.4% less expensive than the national average of
$338,100 and 60.1% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Herreid costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 11.0% cheaper than the state average of
$910.
Can I afford Herreid?
To live comfortably in Herreid, South Dakota, a minimum annual income of
$20,520 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Herreid?
The cost of living in Herreid, SD is relatively low compared to other cities in the area. The median home value is $65,000 and the average rent for a one-bedroom apartment is only about $500 per month. Other expenses such as groceries, transportation, and entertainment are also reasonably priced in Herreid. Additionally, there is no state income tax in South Dakota which keeps costs even lower. Overall, Herreid provides an affordable place for individuals and families to live while still providing quality goods and services.