Housing costs in Hot Springs?
A typical home costs
$258,100, which is 23.7% less expensive than the national average of
$338,100 and 3.7% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Hot Springs costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 8.1% more than the state average of
$910.
Can I afford Hot Springs?
To live comfortably in Hot Springs (zip 57747), South Dakota, a minimum annual income of
$49,320 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Hot Springs?
Living in Hot Springs, SD (zip code 57747) can be quite affordable. The cost of living index is 14.5% lower than the US average, making it an ideal place for those looking for a more cost-effective lifestyle. The median home cost in this zip code is $95,100, which is significantly lower than the national median of $218,000. Grocery bills are also reasonable here, with a grocery index of 1% lower than the US average overall. Transportation costs are relatively low as well, with an average gas price that is almost 10% lower than the US average. All in all, Hot Springs provides its residents with a reasonably priced lifestyle without sacrificing any of the necessary amenities.