Housing costs in Red Rock?
A typical home costs
$420,900, which is 24.5% more expensive than the national average of
$338,100 and 57.1% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Red Rock costs
$900 per month, which is 37.1% more than the national average of
$1,430 and close to the state average of
$910.
Can I afford Red Rock?
To live comfortably in Red Rock, South Dakota, a minimum annual income of
$80,640 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Red Rock?
The cost of living in Red Rock, SD is relatively low compared to other parts of the country. Residents benefit from low costs for housing, utilities, and groceries. Home prices are very reasonable with a median home value of around $136,000. The average household spends about half as much on groceries as most other parts of the country. Additionally, utility bills are kept low due to the plentiful natural resources in the area such as wind and solar power. Overall, Red Rock is an affordable place to live with plenty of natural beauty.