Housing costs in Valley Springs?
A typical home costs
$319,400, which is 5.5% less expensive than the national average of
$338,100 and 19.2% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Valley Springs costs
$940 per month, which is 3.3% more than the national average of
$910 and close to the state average of
$950.
Can I afford Valley Springs?
To live comfortably in Valley Springs (zip 57068), South Dakota, a minimum annual income of
$61,200 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Valley Springs?
The cost of living in Valley Springs, SD is relatively low compared to the rest of South Dakota and the United States. According to BestPlaces, the overall cost of living index in Valley Springs is 75.92, which is 18.9% lower than the national average. The median home price in Valley Springs is $175,000 and rent prices for a one bedroom apartment are around $600 per month. Transportation costs are low as well with gasoline at an average of $2.20 per gallon. Utility costs tend to be slightly higher due to the cold climate but still remain affordable on most budgets. All in all, Valley Springs provides a high quality of life at a relatively low cost of living when compared to other cities and states.