Housing costs in Newell?
A typical home costs
$135,500, which is 59.9% less expensive than the national average of
$338,100 and 49.4% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Newell costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and close to the state average of
$910.
Can I afford Newell?
To live comfortably in Newell (zip 57760), South Dakota, a minimum annual income of
$25,920 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Newell?
The cost of living in 57760 Newell, SD is quite affordable. The median home value is just $125,400, which is significantly lower than the national median of $194,500. Additionally, the median household income is $58,125 and the average cost of a home in the area is around $122 per square foot. This makes it easy for those living in 57760 to purchase a home and still maintain financial stability. In addition to low housing costs, utility bills are very reasonable as well. Overall, living cost in 57760 Newell, SD are quite favorable given its rural location and relatively low population density.