Housing costs in Beresford?
A typical home costs
$244,200, which is 27.8% less expensive than the national average of
$338,100 and 8.9% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Beresford costs
$860 per month, which is 5.5% cheaper than the national average of
$910 and 8.1% cheaper than the state average of
$930.
Can I afford Beresford?
To live comfortably in Beresford (zip 57004), South Dakota, a minimum annual income of
$46,800 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Beresford?
Living in 57004 Beresford, SD is relatively affordable. According to a recent cost of living index, the base index for 57004 is 85.3, which is 15.7% lower than the US average. Housing costs are particularly low compared to other places in the US; median home values are around $162,000, and median rental prices can be found around $650/month. Utilities are also reasonable with electricity rates just slightly above the national average. Healthcare, groceries, and goods and services are also priced below the national average. All things considered, living in 57004 Beresford is an affordable place to call home.