Platte, SD Cost of Living


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Platte cost of living score
76.2
Less expensive
23.8% lower
than the US average
14.7% lower
than the South Dakota average
Platte, South Dakota gets a BestPlaces Cost of Living score of 76.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.8% lower than the U.S. average and 14.7% higher than the average for South Dakota.

Platte, SD

Housing costs in Platte?
A typical home costs $167,200, which is 50.5% less expensive than the national average of $338,100 and 37.6% less expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Platte costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 13.8% cheaper than the state average of $910.

Can I afford Platte?
To live comfortably in Platte, South Dakota, a minimum annual income of $32,040 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Platte?
The cost of living in Platte, SD is surprisingly inexpensive. With a median home price of $95,000, Platte is one of the most affordable cities in South Dakota. Renters can find affordable apartments with average monthly rents around $650. Utilities are also relatively low, with monthly averages for all utilities costing around $195 per month. Food costs are also low; groceries are estimated to be approximately 12% lower than the national average. Altogether, these factors make Platte an attractive and affordable place to live for those looking to stretch their budgets.
   Cost of living score
     CategoriesPlatteSouth DakotaUnited States
  76.289.3100.0
  98.197100
  119.8120.8100.0
  43.882.1100.0
  $167,200$268,000$338,100
  95.5%93.6%100.0%
  55.971.2100.0
  65.977.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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