Tolstoy, SD is a small town located in the United States. Here, you'll find that rent for a 2 bedroom apartment is $810 per month, which is significantly lower than the national average of $1,430. The cost of groceries is also lower than the national average; Grocery Cost Index in Tolstoy, SD is 95 versus 100 in the US. As such, Tolstoy has a relatively low cost of living compared to other areas. There are many local businesses to work with in Tolstoy including Faith Lutheran Church & School, Tolstoy Nursing Home and Tolstoy Motors. Additionally, nearby Eagle Butte has both tribal and non-tribal businesses such as Cheyenne River Sioux Tribe Health Services Unit and Dakota Pump & Supply Company.
Tolstoy has an unemployment rate of 2.9%. The US average is 6.0%.
Tolstoy has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 15.0%, which is lower than the US average of 33.5%.
Tax Rates for Tolstoy
- The Sales Tax Rate for Tolstoy is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Tolstoy is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Tolstoy
- The average income of a Tolstoy resident is $20,035 a year. The US average is $28,555 a year.
- The Median household income of a Tolstoy resident is $66,458 a year. The US average is $69,021 a year.