Housing costs in New Elm Spring Colony?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in New Elm Spring Colony costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 12.5% more than the state average of
$910.
Can I afford New Elm Spring Colony?
To live comfortably in New Elm Spring Colony, South Dakota, a minimum annual income of
$25,920 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about New Elm Spring Colony?
The cost of living in New Elm Spring Colony, SD is significantly lower than the US average. According to data from 2020, the median house value in New Elm Spring Colony is far below the national average of $338,100. Additionally, the cost of living in New Elm Spring Colony is estimated at 15% less than the US average cost of living. This means that necessities such as groceries and housing are more affordable for those living there. As a result, New Elm Spring Colony could be an attractive option for those looking to live somewhere with a bit more affordability than other areas in the US.