Zip 57038 (Jefferson, SD) Cost of Living


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How much do I need to live in Jefferson, South Dakota?
$5,640 / month
for a family, 4.4% more expensive than the national average A total of $67,680 for the year for a family.
$2,400 / month
for a single person, 49.7% less expensive than the national average A total of $28,800 for the year for a single person.

Jefferson cost of living score
93.3
Less expensive
6.7% lower
than the US average
4.5% higher
than the South Dakota average
Jefferson (zip 57038), South Dakota gets a BestPlaces Cost of Living score of 93.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.7% lower than the U.S. average and 4.5% lower than the average for South Dakota.

Zip 57038 (Jefferson, SD)

Housing costs in Jefferson?
A typical home costs $352,500, which is 4.3% more expensive than the national average of $338,100 and 31.5% more expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Jefferson costs $950 per month, which is 33.6% cheaper than the national average of $1,430 and 4.2% more than the state average of $910.

Can I afford Jefferson?
To live comfortably in Jefferson (zip 57038), South Dakota, a minimum annual income of $67,680 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Jefferson?
The cost of living in 57038 Jefferson, SD is quite affordable. According to the most recent data from the US Census Bureau, the median household income is just over $62,000 and the median home price is around $79,500. This makes it an ideal place for anyone looking to settle down and live comfortably without breaking their budget. Despite its rural location, Jefferson boasts a variety of amenities including local restaurants and grocery stores, as well as recreational activities like camping and fishing. Taxes are also relatively low compared to other towns in South Dakota. All of these factors make Jefferson an attractive option for anyone looking to purchase or rent a property while keeping their cost of living low.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesJeffersonSouth DakotaUnited States
    Unlock89.3100.0
  98.9  Unlock100.0
    Unlock120.8100.0
  95.6  Unlock100.0
    Unlock$268,000$338,100
  91.6  Unlock100.0
    Unlock71.2100.0
  96.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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