Housing costs in Wilmot?
A typical home costs
$125,300, which is 62.9% less expensive than the national average of
$338,100 and 53.2% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Wilmot costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 12.3% cheaper than the state average of
$910.
Can I afford Wilmot?
To live comfortably in Wilmot, South Dakota, a minimum annual income of
$24,120 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Wilmot?
Wilmot, SD is an affordable place to live. The cost of living in the town is significantly lower than the national average. Housing and utilities are especially inexpensive, with a median home value in Wilmot of just $81,100 compared to the US median of $219,700. Groceries and other necessities are also much more affordable than in most parts of the country, making Wilmot an ideal place for those on a budget. Additionally, there are no state or local taxes on income or sales tax which can help save residents even more money. Overall, Wilmot is a great place to settle down if you’re looking for an inexpensive cost of living.