A wise sage once said:
‘She works hard for the money…’
And these places in South Dakota definitely treat her right.
You see, these are the places in South Dakota where the cost of living is the lowest; where your salary goes the furthest. And when if you have the luxury of choosing where to live in the Mount Rushmore State, then the cost of living should play a role in the decision.
So we did the hard for you and crunched the numbers to find the cities that have lower food, energy, and housing costs. After the dust settled on our analysis of the 37 largest places in South Dakota, we were left with this set of the best value for your money.
Here are the 10 cheapest places to live in South Dakota for 2018:
- Redfield (Homes For Sale)
- Winner (Photos | Homes For Sale)
- Mobridge (Homes For Sale)
- Hot Springs (Photos | Homes For Sale)
- Huron (Photos | Homes For Sale)
- Chamberlain (Photos | Homes For Sale)
- Lead (Photos | Homes For Sale)
- Custer (Homes For Sale)
- Belle Fourche (Photos | Homes For Sale)
- Mitchell (Photos | Homes For Sale)
So listen up Brandon (the most expensive place in South Dakota) as we explain how we created this ranking. You could learn some things from the rest of the state.
How We Determined The Cheapest Places To Live In The Mount Rushmore State For 2018
There are basic necessities that you have to buy no matter where in the country you live. Those things include:
- Health Insurance
You can then compare the cost of these things in each of the places in South Dakota to figure out which is the least expensive.
What you are left with is a ‘Cost of Living Index’ that normalizes to 100 for an average place in the United States.
So we used that cost of living index in order to rank all of the 37 places in South Dakota that have more than 5,000 people.
And just so you can better understand how the cost of living index works, 100 is the average cost of a place in the United States. A score of 90 means that the place cost 10% less than average. A score of 90 means it’s 10% less expensive.
San Francisco has a score of 243 meaning it’s almost 2.5 times as expensive as the average place in the country.
4. Hot Springs
Population: 12,563 Services: 95
Health Care: 93
More on Huron: Homes For Sale | Data
Huron is a city in Beadle County, South Dakota, United States. The population was 12,592 at the 2010 census. It is the county seat of Beadle County. Huron was the home of now-defunct Huron University (known in its later years as Si Tanka University). The Huron Plainsman, also referred to as the Plainsman, is the newspaper. The first settlement at Huron was made in 1880. The city was named after the Huron Indians. It is currently the ninth largest city in South Dakota, but it once was the fourth. Huron was in the running for capital of South Dakota but lost out to Pierre due to Pierres positioning.
9. Belle Fourche
Population: 5,633 Services: 95
Health Care: 93
More on Belle Fourche: Homes For Sale | Data
Belle Fourche (/blfu/; bel-FOOSH) is a city in and the county seat of Butte County, South Dakota, United States. The population was 5,594 at the 2010 census.
Population: 15,266 Services: 95
Health Care: 93
More on Mitchell: Homes For Sale | Data
Mitchell is the county seat of Davison County, South Dakota, United States. The population was 15,254 at the 2010 census.
There You Have It Mr. Or Mrs. Cheapskate
If you’re looking at the cost of living numbers in South Dakota, this is an accurate list of the cheapest places to call home.
Detailed List Of The Cheapest Places In South Dakota
|North Sioux City||23|