Zip 57015 (Chancellor, SD) Cost of Living


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How much do I need to live in Chancellor, South Dakota?
$6,480 / month
for a family, 20.0% more expensive than the national average A total of $77,760 for the year for a family.
$2,733 / month
for a single person, 42.7% less expensive than the national average A total of $32,800 for the year for a single person.

Chancellor cost of living score
86.3
Less expensive
13.7% lower
than the US average
3.4% lower
than the South Dakota average
Chancellor (zip 57015), South Dakota gets a BestPlaces Cost of Living score of 86.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.7% lower than the U.S. average and 3.4% higher than the average for South Dakota.

Zip 57015 (Chancellor, SD)

Housing costs in Chancellor?
A typical home costs $405,400, which is 19.9% more expensive than the national average of $338,100 and 51.3% more expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Chancellor costs $980 per month, which is 31.5% cheaper than the national average of $1,430 and 7.1% more than the state average of $910.

Can I afford Chancellor?
To live comfortably in Chancellor (zip 57015), South Dakota, a minimum annual income of $77,760 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Chancellor?
Living in 57015 Chancellor, SD is relatively affordable, with the median home value estimated around $95,400. The cost of living index for this area is 80.0, which is 20% lower than the national average. This means that everyday items like groceries and gas are typically cheaper than other parts of the country. Renting a one-bedroom apartment in this area costs an average of $665 per month and utilities are also lower compared to most other places in the United States. For those looking for a budget-friendly place to live in South Dakota, 57015 Chancellor could be an ideal choice.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesChancellorSouth DakotaUnited States
    Unlock89.3100.0
  98.6  Unlock100.0
    Unlock120.8100.0
  94.9  Unlock100.0
    Unlock$268,000$338,100
  96.3  Unlock100.0
    Unlock71.2100.0
  79.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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