Housing costs in Sterling?
A typical home costs
$484,800, which is 43.4% more expensive than the national average of
$338,100 and 80.9% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Sterling costs
$860 per month, which is 39.9% more than the national average of
$1,430 and 5.8% cheaper than the state average of
$910.
Can I afford Sterling?
To live comfortably in Sterling, South Dakota, a minimum annual income of
$92,880 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Sterling?
The cost of living in Sterling, SD is relatively low compared to other areas in the United States. The median home price is around $100,000, which is well below the national average. Additionally, groceries and utilities tend to be cheaper than in other parts of the country. The overall cost of living index in Sterling is about 73, which shows that it has a considerably lower cost compared to the national average of 100. For those looking for an affordable place to live with a small-town charm, Sterling could be an excellent option.