Zip 57450 (Hoven, SD) Cost of Living


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United States / South Dakota / No Metro Area / Potter County / Hoven / Hoven (zip 57450)
How much do I need to live in Hoven, South Dakota?
$1,830 / month
for a family, 66.1% less expensive than the national average A total of $21,960 for the year for a family.
$2,067 / month
for a single person, 56.6% less expensive than the national average A total of $24,800 for the year for a single person.

Hoven cost of living score
72.4
Less expensive
27.6% lower
than the US average
18.9% lower
than the South Dakota average
Hoven (zip 57450), South Dakota gets a BestPlaces Cost of Living score of 72.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.6% lower than the U.S. average and 18.9% higher than the average for South Dakota.

Zip 57450 (Hoven, SD)

Housing costs in Hoven?
A typical home costs $115,100, which is 66.0% less expensive than the national average of $338,100 and 57.1% less expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Hoven costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 11.0% cheaper than the state average of $910.

Can I afford Hoven?
To live comfortably in Hoven (zip 57450), South Dakota, a minimum annual income of $21,960 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Hoven?
The cost of living in Hoven, SD 57450 is relatively low compared to the national average. The median home value is just under $60,000 and has remained steady for the past few years. Rent prices are also quite reasonable, ranging from $600-$700 per month for a one-bedroom apartment. Grocery store prices are also lower than the national average, and overall there are many bargains to be had in this small town. The unemployment rate in Hoven is lower than the state and national levels as well, making it an ideal location for those looking for a job or simply looking to save money while living in a rural area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHovenSouth DakotaUnited States
    Unlock89.3100.0
  96.1  Unlock100.0
    Unlock120.8100.0
  28.6  Unlock100.0
    Unlock$268,000$338,100
  92.2  Unlock100.0
    Unlock71.2100.0
  74.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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