
Housing costs in New Underwood?
A typical home costs
$319,800, which is 5.4% less expensive than the national average of
$338,100 and 19.3% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in New Underwood costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and close to the state average of
$910.
Can I afford New Underwood?
To live comfortably in New Underwood, South Dakota, a minimum annual income of
$61,200 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about New Underwood?
Living in New Underwood, SD is incredibly affordable. According to BestPlaces, the cost of living index is 44.35, which is significantly lower than the United States average of 100 and much lower than many other places in the country. The cost of groceries is particularly low at just a little over 10% below the national average. Housing expenses are also quite reasonable, with rent and utility costs coming in at an average of 12% lower than the national norm. All in all, New Underwood is a great place for those looking for an affordable yet comfortable lifestyle.