Housing costs in Sheridan?
A typical home costs
$463,800, which is 37.2% more expensive than the national average of
$338,100 and 73.1% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Sheridan 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 Sheridan?
To live comfortably in Sheridan, South Dakota, a minimum annual income of
$88,920 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Sheridan?
The cost of living in Sheridan, SD is reasonable and affordable. Housing costs in the area are fairly low, with the median home value being around $110,000. Additionally, the average cost of utilities is lower than national averages. Groceries and other necessities are also very reasonably priced. All in all, Sheridan, SD offers an excellent quality of life at a great price point for many prospective residents.