Parnell, SD Cost of Living


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Parnell cost of living score
84.3
Less expensive
15.7% lower
than the US average
5.6% lower
than the South Dakota average
Parnell, South Dakota gets a BestPlaces Cost of Living score of 84.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.7% lower than the U.S. average and 5.6% higher than the average for South Dakota.

Parnell, SD

Housing costs in Parnell?
A typical home costs $437,800, which is 29.5% more expensive than the national average of $338,100 and 63.4% more expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Parnell costs $880 per month, which is 38.5% more than the national average of $1,430 and 3.4% cheaper than the state average of $910.

Can I afford Parnell?
To live comfortably in Parnell, South Dakota, a minimum annual income of $83,880 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Parnell?
The cost of living in Parnell, SD is relatively low compared to the national average. The median home value in the city is $78,000 which is significantly lower than the national average of $194,500. Additionally, the median monthly rent for a two bedroom apartment is only $507 compared to the national average of $1,170. Furthermore, groceries are affordable and there's no state income tax on residents. All these factors make Parnell an ideal place for those looking to find a more affordable living situation without sacrificing quality amenities or lifestyle options.
   Cost of living score
     CategoriesParnellSouth DakotaUnited States
  84.389.3100.0
  98.697100
  116.9120.8100.0
  110.382.1100.0
  $437,800$268,000$338,100
  88.3%93.6%100.0%
  62.871.2100.0
  93.777.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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