Housing costs in Letcher?
A typical home costs
$162,300, which is 52.0% less expensive than the national average of
$338,100 and 39.4% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Letcher costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 15.2% cheaper than the state average of
$910.
Can I afford Letcher?
To live comfortably in Letcher (zip 57359), South Dakota, a minimum annual income of
$30,960 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Letcher?
The cost of living in 57359 Letcher, SD is fairly low - the overall cost of living index is below the national average. Housing costs are quite low, with a median home value of around $60,000 and an average rent of around $800 per month. Utilities are also relatively inexpensive compared to the national average. Groceries tend to be somewhat more expensive than the national average, though shopping at local grocery stores can bring those costs down to manageable levels. Transportation costs can be kept low with a reliable car and gas prices that are slightly lower than the national average. Overall, Letcher is a great place to live if you're on a tight budget.