Chamberlain, SD is a small town with a population of 2,500 nestled in the foothills of the Great Plains. It offers its citizens a tight-knit community along with a relatively low cost of living compared to other parts of the US. The average two bedroom rent in Chamberlain is $810 per month while it is significantly more costly at $1,430 in the US. Grocery costs are also much lower than the national average as the local Cost Index for groceries is set at 100 whereas it is typically around 100 in the US. Local businesses like Chamberlains Main Street Market provide an excellent selection of fresh produce and quality meats at very reasonable prices that contribute to this low cost of living index. Additionally, Big Sky Grocery Store has a great selection of top quality organic food options that make it easy to access healthy eating options while still keeping costs reasonable.
Chamberlain has an unemployment rate of 2.4%. The US average is 6.0%.
Chamberlain has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Chamberlain
- The Sales Tax Rate for Chamberlain is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Chamberlain 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 Chamberlain
- The average income of a Chamberlain resident is $23,959 a year. The US average is $28,555 a year.
- The Median household income of a Chamberlain resident is $58,466 a year. The US average is $69,021 a year.