Housing costs in Monroe?
A typical home costs
$133,000, which is 60.7% less expensive than the national average of
$338,100 and 50.4% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Monroe costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 9.6% cheaper than the state average of
$910.
Can I afford Monroe?
To live comfortably in Monroe, South Dakota, a minimum annual income of
$25,560 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Monroe?
The cost of living in Monroe town, SD is quite affordable. Housing prices are some of the most reasonable in the state and there are plenty of options available to fit any budget. The average cost for a two bedroom apartment is around $900 per month, while a single family home can range anywhere from $150,000 to $400,000 depending on size and location. Groceries and other household items are also very affordable with a typical grocery bill coming in between $50-100 per week. Gas prices are typically around the national average as well. With its low cost of living, Monroe town makes it an ideal place for those looking to live comfortably on a tight budget.