Housing costs in Mitchell?
A typical home costs
$207,700, which is 38.6% less expensive than the national average of
$338,100 and 22.5% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Mitchell costs
$840 per month, which is 7.7% cheaper than the national average of
$910 and close to the state average of
$850.
Can I afford Mitchell?
To live comfortably in Mitchell (zip 57301), South Dakota, a minimum annual income of
$39,960 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Mitchell?
The cost of living in 57301 Mitchell, SD is relatively low compared to the national average. According to BestPlaces.net, the median home value in Mitchell is $115,400 which is well below the national median value of $184,700 and the median rent is only $621 per month. Groceries and utility costs are also quite affordable with overall living expenses being approximately 16% lower than the US average. This makes 57301 Mitchell an attractive option for those looking for a great quality of life at a reasonable price.