Zip 57245 (Kranzburg, SD) Cost of Living


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Kranzburg cost of living score
84.5
Less expensive
15.5% lower
than the US average
5.4% lower
than the South Dakota average
Kranzburg (zip 57245), South Dakota gets a BestPlaces Cost of Living score of 84.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.5% lower than the U.S. average and 5.4% higher than the average for South Dakota.

Zip 57245 (Kranzburg, SD)

Housing costs in Kranzburg?
A typical home costs $152,100, which is 55.0% less expensive than the national average of $338,100 and 43.2% less expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Kranzburg costs $910 per month, which is 0.0% cheaper than the national average of $910 and 2.2% more than the state average of $890.

Can I afford Kranzburg?
To live comfortably in Kranzburg (zip 57245), South Dakota, a minimum annual income of $29,160 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Kranzburg?
The cost of living in 57245 Kranzburg, SD is relatively affordable. The median home value is $97,600, which is significantly lower than the US median home value of $195,300. Additionally, the median household income for 57245 Kranzburg, SD is around $44,931. This is slightly lower than the US median household income of $57,652. Despite these differences in cost and incomes, the overall cost of living in 57245 Kranzburg, SD remains low. It offers a favorable tax rate and other amenities that make it an attractive option for those looking for an affordable place to live.
   Cost of living score
     CategoriesKranzburgSouth DakotaUnited States
  84.589.3100.0
  97.397100
  120.8120.8100.0
  37.982.1100.0
  $152,100$268,000$338,100
  87.4%93.6%100.0%
  61.871.2100.0
  79.277.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime