Zip 57585 (Wood, SD) Cost of Living


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United States / South Dakota / No Metro Area / Mellette County / Wood / Wood (zip 57585)

Wood cost of living score
70.7
Less expensive
29.3% lower
than the US average
20.8% lower
than the South Dakota average
Wood (zip 57585), South Dakota gets a BestPlaces Cost of Living score of 70.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.3% lower than the U.S. average and 20.8% higher than the average for South Dakota.

Zip 57585 (Wood, SD)

Housing costs in Wood?
A typical home costs $78,500, which is 76.8% less expensive than the national average of $338,100 and 70.7% less expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Wood costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 11.0% cheaper than the state average of $910.

Can I afford Wood?
To live comfortably in Wood (zip 57585), South Dakota, a minimum annual income of $15,120 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Wood?
The cost of living in 57585 Wood, SD is relatively low compared to other areas of the country. The median home value is just over $150,000, with rent prices averaging around $850 per month. Groceries and other household expenses are also relatively low; a full shopping cart at the local grocery store may only cost about $50. Utility bills are also generally quite affordable, with average electricity costs running around $100 per month. When it comes to dining out, there are plenty of options catering to all budgets. All in all, 57585 Wood provides great value for money and a pleasant quality of life.
   Cost of living score
     CategoriesWoodSouth DakotaUnited States
  70.789.3100.0
  94.997100
  145.7120.8100.0
  23.082.1100.0
  $78,500$268,000$338,100
  92.7%93.6%100.0%
  75.071.2100.0
  63.477.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime