Split Rock, SD Cost of Living


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How much do I need to live in Split Rock, South Dakota?
$8,490 / month
for a family, 57.2% more expensive than the national average A total of $101,880 for the year for a family.
$2,867 / month
for a single person, 39.9% less expensive than the national average A total of $34,400 for the year for a single person.

Split Rock cost of living score
90.7
Less expensive
9.3% lower
than the US average
1.6% higher
than the South Dakota average
Split Rock, South Dakota gets a BestPlaces Cost of Living score of 90.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.3% lower than the U.S. average and 1.6% lower than the average for South Dakota.

Split Rock, SD

Housing costs in Split Rock?
A typical home costs $532,200, which is 57.4% more expensive than the national average of $338,100 and 98.6% more expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Split Rock costs $1,030 per month, which is 28.0% cheaper than the national average of $1,430 and 11.7% cheaper than the state average of $910.

Can I afford Split Rock?
To live comfortably in Split Rock, South Dakota, a minimum annual income of $101,880 for a family, and $34,400 for a single person is recommended.

What does A.I. say about Split Rock?
The cost of living in Split Rock, SD is relatively low compared to many other cities. The median home value is $152,500 and the median household income is $51,865. The average sales tax rate in Split Rock is 5%, which is lower than most other parts of the country. Additionally, groceries, health care and transportation are all affordable. With a low cost of living and great quality of life, it's easy to see why so many people are drawn to this small town in the Midwest.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSplit RockSouth DakotaUnited States
    Unlock89.3100.0
  102.1  Unlock100.0
    Unlock120.8100.0
  154.9  Unlock100.0
    Unlock$268,000$338,100
  94.9  Unlock100.0
    Unlock71.2100.0
  93.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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