Chance, SD is a small town located in the Midwest with a population of about 2,500. It is known for its low cost of living and friendly atmosphere. The average rent for a two bedroom apartment is $810 which is significantly lower than the US average at $1,430. In addition to rent, the grocery cost index in Chance is 93 compared to 100 in the US. This means that groceries are cheaper in Chance than other parts of the country. There are several local companies in Chance including G&D Auto Repair, Sun Country Designers and Builders, and Miller's Produce & Grocery Store that offer services ranging from auto repair to fresh produce. These businesses make up an integral part of life in Chance and help to ensure a high quality of living for its residents.
Chance has an unemployment rate of 3.4%. The US average is 6.0%.
Chance has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.
Tax Rates for Chance
- The Sales Tax Rate for Chance is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Chance 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 Chance
- The average income of a Chance resident is $14,235 a year. The US average is $37,638 a year.
- The Median household income of a Chance resident is $0 a year. The US average is $69,021 a year.