Housing costs in Norway township (Clay County)?
A typical home costs
$220,700, which is 34.7% less expensive than the national average of
$338,100 and 17.6% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Norway township (Clay County) costs
$690 per month, which is 51.7% more than the national average of
$1,430 and 31.9% cheaper than the state average of
$910.
Can I afford Norway township (Clay County)?
To live comfortably in Norway township (Clay County), South Dakota, a minimum annual income of
$42,120 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Norway township (Clay County)?
The cost of living in Norway Township (Clay County), SD is quite reasonable. The median home value is $158,000 and the median household income for the town is $59,521. Rent prices average about $715 per month for a one-bedroom apartment, making it a great bargain compared to larger cities nearby. Grocery costs are also lower than many other areas in South Dakota with an overall index of 92.8, below the state's average of 100. The unemployment rate in Clay County is 4% which contributes to its cost of living advantage over other areas. Overall, Norway Township offers residents a great quality of life at a fraction of the price of larger cities nearby.