Benedict, SD is a small town located in South Dakota. It's known for its friendly people and low cost of living. The average rent for a two bedroom apartment is $850, which is significantly lower than the US average of $1,430. In addition, grocery items also cost less in Benedict with a Grocery Cost Index of 96 compared to 100 in the US. Benedict has several great local businesses such as Benedict Cafe, a family owned restaurant that serves up delicious home-style dishes, and Johnson's Grocers, a locally owned grocery store that offers great prices on all your favorite items.
Benedict has an unemployment rate of 3.3%. The US average is 6.0%.
Benedict has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 11.4%, which is lower than the US average of 33.5%.
Tax Rates for Benedict
- The Sales Tax Rate for Benedict is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Benedict 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 Benedict
- The average income of a Benedict resident is $35,023 a year. The US average is $37,638 a year.
- The Median household income of a Benedict resident is $67,857 a year. The US average is $69,021 a year.