Housing costs in Okaton?
A typical home costs
$111,900, which is 66.9% less expensive than the national average of
$338,100 and 58.2% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Okaton 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 Okaton?
To live comfortably in Okaton, South Dakota, a minimum annual income of
$21,600 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Okaton?
The cost of living in Okaton, SD is relatively low compared to other places in the country. According to BestPlaces.net, the overall cost of living index score for Okaton is 79.9, which is 19.1 points lower than the national average. This means that basic expenses such as housing, food, and transportation are much more affordable than in other areas. The median home price in Okaton is just $83,600 with utilities costing 12% less than the national average. In addition, groceries and healthcare costs are also quite a bit below the national average. All this adds up to a low cost of living that makes it an attractive place for those looking for an affordable lifestyle.