Housing costs in New Effington?
A typical home costs
$99,300, which is 70.6% less expensive than the national average of
$338,100 and 62.9% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in New Effington costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 12.3% cheaper than the state average of
$910.
Can I afford New Effington?
To live comfortably in New Effington (zip 57255), South Dakota, a minimum annual income of
$19,080 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about New Effington?
The cost of living in 57255 New Effington, SD is quite low compared to the national average. The median home price is only about $81,000 which is cheaper than most other parts of the country. The median gross rent is just over $500 a month, which makes it easy for people to make ends meet. Utility costs are also lower than most other areas of the nation, meaning that residents can save more on their monthly expenses by taking advantage of its low cost of living. Additionally, groceries and other everyday items tend to be less expensive as well due to the area's proximity to larger cities with competitive prices.