Housing costs in Milbank?
A typical home costs
$168,700, which is 50.1% less expensive than the national average of
$338,100 and 37.1% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Milbank costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 7.1% cheaper than the state average of
$910.
Can I afford Milbank?
To live comfortably in Milbank, South Dakota, a minimum annual income of
$32,400 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Milbank?
The cost of living in Milbank, SD is fairly low compared to other cities around the country. According to BestPlaces, the overall index in Milbank is about 75%, meaning it is 25% cheaper than the average U.S. city. This means that basic goods and services like groceries, transportation, and utilities are very affordable for residents of Milbank. The median house price in the city is just $91,400, which is significantly lower than the national median of $231,200. In addition to these affordable costs, there are great deals on entertainment options as well as parks and museums for families to visit on weekends or days off from work or school.