Housing costs in Humboldt?
A typical home costs
$349,600, which is 3.4% more expensive than the national average of
$338,100 and 30.4% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Humboldt 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 Humboldt?
To live comfortably in Humboldt, South Dakota, a minimum annual income of
$66,960 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Humboldt?
Living in Humboldt Town, SD is relatively affordable. The cost of living index is around 71.9, which is lower than the national average of 100. According to Sperling's Best Places, the overall cost of housing in Humboldt Town is about 25% less than the US average. Rental prices are also quite low, with a one-bedroom apartment averaging at just $533 per month and a three-bedroom apartment averaging at $816 per month. Groceries and transportation costs are similarly low, with the average cost of groceries being 11% less than the national average and transportation costs being 8% less than the national average. All in all, living in Humboldt Town is an affordable option for those looking to settle down in South Dakota.