Housing costs in Spearfish?
A typical home costs
$359,400, which is 6.3% more expensive than the national average of
$338,100 and 34.1% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Spearfish costs
$890 per month, which is 2.2% cheaper than the national average of
$910 and 2.2% more than the state average of
$870.
Can I afford Spearfish?
To live comfortably in Spearfish (zip 57783), South Dakota, a minimum annual income of
$68,760 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Spearfish?
Spearfish, South Dakota is a great place to live with a relatively low cost of living. The cost of living index for Spearfish is 101.6 which is lower than the national average of about 125. Living expenses such as housing, groceries and utilities are all well within the average range for the area. The median home price in Spearfish is $230,000, which is lower than the state average of around $250,000. Groceries and everyday household items are moderately priced compared to other cities in South Dakota and utilities costs are below the national average. Overall, Spearfish offers an affordable lifestyle with plenty of amenities without having to break the bank.