Owanka, SD Economy

Owanka, SD is a small rural town located in the South Dakota plains with a population of around 2,000 people. The cost of living in Owanka is significantly lower than the US average. Rent for two bedroom apartments is only $920 per month, while the US average is $1430 per month. The Grocery Cost Index in Owanka is 100 compared to the US average of 100 as well. This makes Owanka an attractive place for those looking for affordable housing and groceries.
The economy in Owanka mainly relies on agriculture and ranching, but there are also several local businesses in the area that provide goods and services to the community. These include restaurants like Allie's Cafe & Bakery; home improvement stores such as Home Hardware; repair shops like High Plains Auto Repair; clothing stores like Cowboy Country Trading Post; and convenience stores like 7-Eleven.
In addition to its quality businesses, Owanka also offers many recreational opportunities including hiking trails, fishing spots, campgrounds, picnic areas, nature preserves, and more. The town also hosts a number of annual events throughout the year including a farmers market and art show. With everything from affordable housing to quality amenities, Owanka is an ideal place to live for those who desire a peaceful lifestyle in a small town setting with access to all of life’s necessities.