Cost of Living in Canton, SD
Housing
The housing market plays a significant role in determining the cost of living in Canton, SD.
- Housing Index: 85.0 / 100
- Median Home Price is: $230000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Analyzing the housing data for Canton, SD, we see a housing index of 85.0, indicating a relatively affordable market compared to national standards. The median home price stands at 230000, which could appeal to first-time homebuyers looking for value. Average rents for a 2-bedroom apartment ($1200) and a 2-bedroom house ($1360) suggest that renting is also a viable option. Prior to making a decision, consider local amenities, job prospects, and community characteristics to ensure the best fit.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Canton, 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.): $200 per month
Living in Canton, 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 $200 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 Canton is a financially viable option for your relocation.