Aberdeen, SD Metro Area is a great place to live with an affordable cost of living. The average rent for a two-bedroom apartment in the area is only $830 per month, much lower than the national average at $1,430. The Grocery Cost Index for Aberdeen is also lower than the US index at 98 points versus 100. In addition to offering an affordable lifestyle, there are many local attractions and businesses in the area. Local companies include Northern State University, Sanford Health Aberdeen Medical Center, and Codiak BioSciences. Tourist attractions include Storybook Land, Wylie Park,, and The Watertown Regional Library. With its low cost of living and vibrant local culture, the Aberdeen Metro Area is a great place to live or visit.
Aberdeen Metro Area has an unemployment rate of 3.0%. The US average is 6.0%.
Aberdeen Metro Area has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Aberdeen Metro Area
- The Sales Tax Rate for Aberdeen Metro Area is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Aberdeen Metro Area 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 Aberdeen Metro Area
- The average income of a Aberdeen Metro Area resident is $36,182 a year. The US average is $37,638 a year.
- The Median household income of a Aberdeen Metro Area resident is $64,194 a year. The US average is $69,021 a year.