Zip 57053 (Parker, SD) Cost of Living


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How much do I need to live in Parker, South Dakota?
$4,500 / month
for a family, 16.7% less expensive than the national average A total of $54,000 for the year for a family.
$2,567 / month
for a single person, 46.2% less expensive than the national average A total of $30,800 for the year for a single person.

Parker cost of living score
86.3
Less expensive
13.7% lower
than the US average
3.4% lower
than the South Dakota average
Parker (zip 57053), South Dakota gets a BestPlaces Cost of Living score of 86.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.7% lower than the U.S. average and 3.4% higher than the average for South Dakota.

Zip 57053 (Parker, SD)

Housing costs in Parker?
A typical home costs $281,300, which is 16.8% less expensive than the national average of $338,100 and 5.0% more expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Parker costs $920 per month, which is 1.1% more than the national average of $910 and 3.3% cheaper than the state average of $950.

Can I afford Parker?
To live comfortably in Parker (zip 57053), South Dakota, a minimum annual income of $54,000 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Parker?
The cost of living in 57053 Parker, SD is relatively affordable. Housing prices are quite low, with the median price for a three-bedroom home coming in at around $180,000. Groceries and other basic necessities like transportation and healthcare are also inexpensive. The overall cost of living index for the area is pegged at 92.3 which is slightly lower than the national average of 100. This makes 57053 Parker, SD an ideal place to live for those looking for an affordable yet comfortable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesParkerSouth DakotaUnited States
    Unlock89.3100.0
  99.4  Unlock100.0
    Unlock120.8100.0
  68.2  Unlock100.0
    Unlock$268,000$338,100
  96.3  Unlock100.0
    Unlock71.2100.0
  79.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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