Housing costs in Mount Vernon?
A typical home costs
$234,800, which is 30.6% less expensive than the national average of
$338,100 and 12.4% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Mount Vernon costs
$850 per month, which is 6.6% cheaper than the national average of
$910 and close to the state average of
$850.
Can I afford Mount Vernon?
To live comfortably in Mount Vernon (zip 57363), South Dakota, a minimum annual income of
$45,000 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Mount Vernon?
The cost of living in 57363 Mount Vernon, SD is relatively low compared to other parts of the country. The median home value in the area is approximately $110,000, which is significantly lower than the national average. Housing prices remain steady and affordable here, and only around 18% of residents spend more than 30% of their income on housing expenses. Additionally, groceries are also significantly cheaper than many other areas, with an average cost that is 12.7% less than the national average. Gas prices are also quite reasonable for commuters at around 2% lower than the national average; this combined with the small population makes it easy to get around town quickly and efficiently. Overall, living in 57363 Mount Vernon, SD provides a great balance between affordability and quality of life.