Housing costs in Putney?
A typical home costs
$242,700, which is 28.2% less expensive than the national average of
$338,100 and 9.4% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Putney costs
$840 per month, which is 41.3% more than the national average of
$1,430 and 8.3% cheaper than the state average of
$910.
Can I afford Putney?
To live comfortably in Putney, South Dakota, a minimum annual income of
$46,440 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Putney?
Putney, SD is known for having a lower cost of living than many other areas in the United States. The median home value in Putney is approximately $128,700, which is much lower than the national average of $231,200. Additionally, the median household income is $46,392 per year while the national median income was reported to be $68,703 in 2019. This difference can be attributed to a lower-than-average cost of living in Putney as basic expenses such as groceries and health care can be much less expensive than larger cities or more populated areas. All in all, Putney offers its residents an economical lifestyle with plenty of amenities and facilities that rival those found elsewhere.