Housing costs in Mount Vernon?
A typical home costs
$236,900, which is 29.9% less expensive than the national average of
$338,100 and 11.6% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Mount Vernon 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 Mount Vernon?
To live comfortably in Mount Vernon, South Dakota, a minimum annual income of
$45,360 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Mount Vernon?
Mount Vernon, SD has a low cost of living. Goods and services are inexpensive compared to the national average, with housing costs being particularly low. The median home value in Mount Vernon is around $137,500, much lower than the national average of $184,700. Similarly, the median rent for a two-bedroom apartment is around $666 per month, which is over $100 less than the national average. Taxes are also relatively low in Mount Vernon compared to other cities. Overall, living in Mount Vernon can be financially beneficial for those who choose to call it home.