Cost of Living in Yankton, SD
Housing
The housing market plays a significant role in determining the cost of living in Yankton, SD.
- Housing Index: 85.0 / 100
- Median Home Price is: $215,000
- Average Rent (2 BR Apartment): $1120 per month
- Average Rent (2 BR House): $1200 per month
Considering a move to Yankton, SD? With a housing index of 85.0, the market appears reasonably affordable, especially for first-time buyers. The median home price of 215000 is below national averages, providing potential cost savings. Furthermore, renting options are competitive, with average rents for a 2-bedroom apartment at 1120 and a house at 1200. This introduces flexibility whether you prefer to rent or buy. It’s essential to weigh your lifestyle preferences against these costs to make the best decision for your future living arrangements.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Yankton, 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 Yankton, 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 Yankton is a financially viable option for your relocation.