Housing costs in Winfred?
A typical home costs
$273,000, which is 19.3% less expensive than the national average of
$338,100 and 1.9% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Winfred costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 11.0% cheaper than the state average of
$910.
Can I afford Winfred?
To live comfortably in Winfred, South Dakota, a minimum annual income of
$52,200 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Winfred?
The cost of living in Winfred, SD is quite affordable compared to other cities in the Midwest. The median home value is just above $100,000 and the average rent for a two-bedroom apartment is around $800 per month. The unemployment rate has been consistently lower than the national average over the past few years, indicating a healthy economy that supports local businesses and keeps prices low. In addition, the town has no sales tax which saves residents money on everyday purchases. All in all, Winfred offers an excellent quality of life at an affordable price point.