New Elm Spring Colony, SD Economy

New Elm Spring Colony, SD is a great place to live with many local businesses to explore. The cost of living in New Elm Spring Colony is relatively low when compared to the US average. With an average 2 bedroom rent of just $1,430 per month, it's a more affordable option than many other cities. Some local businesses include Elm Spring Hardware Store, the New Elm Spring Post Office and the Colony Cafe. Grocery costs are also below the US average index at 100. All in all, New Elm Spring Colony can provide a great quality of life without breaking the bank.