Zip 57231 (De Smet, SD) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / South Dakota / No Metro Area / Kingsbury County / De Smet / De Smet (zip 57231)
How much do I need to live in De Smet, South Dakota?
$3,240 / month
for a family, 40.0% less expensive than the national average A total of $38,880 for the year for a family.
$2,100 / month
for a single person, 55.9% less expensive than the national average A total of $25,200 for the year for a single person.

De Smet cost of living score
76.2
Less expensive
23.8% lower
than the US average
14.7% lower
than the South Dakota average
De Smet (zip 57231), South Dakota gets a BestPlaces Cost of Living score of 76.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.8% lower than the U.S. average and 14.7% higher than the average for South Dakota.

Zip 57231 (De Smet, SD)

Housing costs in De Smet?
A typical home costs $202,600, which is 40.1% less expensive than the national average of $338,100 and 24.4% less expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in De Smet costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 9.6% cheaper than the state average of $910.

Can I afford De Smet?
To live comfortably in De Smet (zip 57231), South Dakota, a minimum annual income of $38,880 for a family, and $25,200 for a single person is recommended.

What does A.I. say about De Smet?
Living in 57231 De Smet, SD is quite affordable. The cost of living index for this area is 77.7 (U.S. average is 100), making it 22.3% lower than the U.S. average. This translates to lower prices on housing, groceries, health care costs and utilities when compared to other parts of the country with higher indexes. Incomes in the area are also typically lower than the national average, which further reduces the cost of living for De Smet residents. Overall, this zip code offers a great opportunity for those looking to save money while enjoying a rural lifestyle in one of South Dakota's most historic small towns.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesDe SmetSouth DakotaUnited States
    Unlock89.3100.0
  98.2  Unlock100.0
    Unlock120.8100.0
  41.1  Unlock100.0
    Unlock$268,000$338,100
  89.2  Unlock100.0
    Unlock71.2100.0
  79.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.