Parker, SD Cost of Living


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How much do I need to live in Parker, South Dakota?
$4,530 / month
for a family, 16.1% less expensive than the national average A total of $54,360 for the year for a family.
$2,567 / month
for a single person, 46.2% less expensive than the national average A total of $30,800 for the year for a single person.

Parker cost of living score
86.3
Less expensive
13.7% lower
than the US average
3.4% lower
than the South Dakota average
Parker, South Dakota gets a BestPlaces Cost of Living score of 86.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.7% lower than the U.S. average and 3.4% higher than the average for South Dakota.

Parker, SD

Housing costs in Parker?
A typical home costs $283,800, which is 16.1% less expensive than the national average of $338,100 and 5.9% more expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Parker 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 Parker?
To live comfortably in Parker, South Dakota, a minimum annual income of $54,360 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Parker?
The cost of living in Parker, SD is quite reasonable compared to other areas. The median home price in Parker is around $211,400 which is significantly lower than the national average of $226,800. Rent for a one-bedroom apartment averages around $739 per month which is also much lower than the national average of $949 per month. Utilities tend to be slightly higher than the national average, but are still manageable at an average of $146 per month. Overall, life in Parker can be affordable and comfortable with its low prices and small-town charm.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesParkerSouth DakotaUnited States
    Unlock89.3100.0
  99.4  Unlock100.0
    Unlock120.8100.0
  70.4  Unlock100.0
    Unlock$268,000$338,100
  96.3  Unlock100.0
    Unlock71.2100.0
  79.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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