Cost of Living in Pierre, SD
Housing
The housing market plays a significant role in determining the cost of living in Pierre, SD.
- Housing Index: 85.0 / 100
- Median Home Price is: $245,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Considering a move to Pierre, SD? With a housing index of 85.0, it's crucial to note how this compares to national averages; a lower index often indicates a more affordable market. The median home price stands at 245000, which, alongside an average rent of 1200 for a 2-bedroom apartment and 1280 for a house, suggests a balance between buying and renting. Affordable options may attract families and new residents, boosting community growth. Weigh these factors carefully to make the most informed decision on relocating!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pierre, 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.): $250 per month
Living in Pierre, 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 $250 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 Pierre is a financially viable option for your relocation.