Housing costs in Martin?
A typical home costs
$109,800, which is 67.5% less expensive than the national average of
$338,100 and 59.0% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Martin costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 8.3% cheaper than the state average of
$910.
Can I afford Martin?
To live comfortably in Martin, South Dakota, a minimum annual income of
$20,880 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Martin?
The cost of living in Martin, SD is relatively low compared to other parts of the country. According to Best Places, the cost of living index for Martin is 79.3, which is about 20 points lower than the national average. This means that goods and services are generally more affordable in Martin than they are in many other places. Housing prices are very reasonable, with median home values being around $78,300 and median rent costing just over $610 per month. Overall, it is an affordable place to live with a variety of housing options for any budget.