Cost of Living in Aberdeen, SD
Housing
The housing market plays a significant role in determining the cost of living in Aberdeen, SD.
- Housing Index: 90.0 / 100
- Median Home Price is: $207,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Considering the data for Aberdeen, SD, the housing market appears to be quite affordable with a housing index of 90.0. The median home price is approximately 207000, which is generally lower than many urban centers,making homeownership accessible. Additionally, average rent for a 2-bedroom apartment stands at 1200, while renting a 2-bedroom house is slightly higher at 1360. Overall, this city presents a favorable opportunity for potential homeowners and renters alike, especially given the favorable comparison with national averages.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Aberdeen, SD.
- Electricity Price: $14.15 USD (median by state)
- Natural Gas Price: $10.63 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $150 per month
Living in Aberdeen, SD could entail higher utility costs. Electricity costs sit at $14.15, while natural gas is priced at $10.63 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $150 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Aberdeen is a financially viable option for your relocation.