Iona, SD Economy

Iona, SD is a small town located in the state of South Dakota. It is known for its friendly people and small-town charm. The median cost of rent for a two bedroom apartment in Iona is $820 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Iona is 96 versus 100 in the US meaning groceries are relatively inexpensive here. There are many different businesses located in Iona such as T&W Motorsports, First Bank & Trust Co., Schaunaman's Hardware Store, and Gunsolus Construction Company. All these businesses contribute to making Iona an ideal place to work or to just enjoy a low cost of living experience with all its local attractions being easily accessible from this rural community.