Elvira, SD Economy

Elvira, SD is a small town with a population of approximately 3,000 residents. It is located in the southeastern part of the state and is home to several local businesses. Residents can find employment opportunities at one of the local banks, grocery stores, restaurants, and other retail shops. The town has recently seen an increase in economic activity due to its close proximity to larger cities such as Sioux Falls and Aberdeen. Rentals in the area are much lower than national averages; an average two-bedroom apartment costs only $970 per month versus a national average of $1,430. Additionally, Elvira has a lower Grocery Cost Index rating than the US as a whole at 96. This makes it an attractive option for those looking for affordable living expenses in comparison to more populated areas.