Zip 57538 (Herrick, SD) Cost of Living


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United States / South Dakota / No Metro Area / Gregory County / Herrick / Herrick (zip 57538)
How much do I need to live in Herrick, South Dakota?
$1,350 / month
for a family, 75.0% less expensive than the national average A total of $16,200 for the year for a family.
$2,000 / month
for a single person, 58.0% less expensive than the national average A total of $24,000 for the year for a single person.

Herrick cost of living score
70.2
Less expensive
29.8% lower
than the US average
21.4% lower
than the South Dakota average
Herrick (zip 57538), South Dakota gets a BestPlaces Cost of Living score of 70.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.8% lower than the U.S. average and 21.4% higher than the average for South Dakota.

Zip 57538 (Herrick, SD)

Housing costs in Herrick?
A typical home costs $84,200, which is 75.1% less expensive than the national average of $338,100 and 68.6% less expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Herrick costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 18.2% cheaper than the state average of $910.

Can I afford Herrick?
To live comfortably in Herrick (zip 57538), South Dakota, a minimum annual income of $16,200 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Herrick?
The cost of living in 57538 Herrick, SD is quite affordable. The median home price is $119,800, which is significantly less than the national median of $216,200, and the median rent price is $497 per month. This area also has a very low unemployment rate at just 2.2%, making it an attractive option for those seeking employment opportunities. Additionally, Grocery and other basic necessities are relatively inexpensive when compared to the national average. All in all, Herrick provides a great balance between affordability and quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHerrickSouth DakotaUnited States
    Unlock89.3100.0
  95.4  Unlock100.0
    Unlock120.8100.0
  24.9  Unlock100.0
    Unlock$268,000$338,100
  89.3  Unlock100.0
    Unlock71.2100.0
  67.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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