Housing costs in Marion?
A typical home costs
$239,000, which is 29.3% less expensive than the national average of
$338,100 and 10.8% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Marion costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 13.8% cheaper than the state average of
$910.
Can I afford Marion?
To live comfortably in Marion, South Dakota, a minimum annual income of
$45,720 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Marion?
The cost of living in Marion, SD is relatively low compared to many other places in the United States. The median listing price for homes in Marion is around $110,000, and the average rent for a two-bedroom apartment is just under $700 per month. Additionally, groceries are very affordable in Marion with an index score of 83 out of a possible 100. This makes it easy for residents to stretch their dollar further than in many other cities. Combined with the fact that the unemployment rate in Marion is well below the national average, it's easy to see why people choose to live here.