Mitchell cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMitchellSouth DakotaNational
Cost of living index8991100
IndexMitchellSouth DakotaNational
Goods & Services index9896100
Groceries index9497100
Health care index107101100
Housing index6675100
Transportation index9696100
Utilities index111105100
A general overview of the cost of living index for Mitchell, SD is displayed above. In Mitchell, SD, the overall cost of living index is 89, which is 2% lower than the South Dakota average and 11% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Mitchell, SD, the city's goods and services are 2% higher than the South Dakota average and 3% lower than the U.S. average.

Did you know?

  • The cost of living in Mitchell is 2% lower than the South Dakota average.
  • The cost of living in Mitchell is 11% lower than the national average.
  • The cost of housing in Mitchell is 34% lower than the national average.
  • South Dakota general sales tax is 21% lower than the national average.
  • South Dakota state income tax is 100% lower than the national average.

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Compare Mitchell, SD Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Using the salary calculator lets you compare the salary you earn in Mitchell, SD to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Mitchell, SD, you have to earn a higher income in order to still have the same standard of living. To operate the Mitchell, SD salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$65,951$5,496$1,539$1,979
Renters$30,061$2,505$701$902
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Mitchell, SD as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Mitchell, SD homeowners, is $65,951. This would allow for a maximum of $1,539 per month to be spent on housing costs. For renters, the median monthly income is $30,061 which would result in a maximum of $701 to be spent on rental costs.

South Dakota Sales Tax

StateGeneral Sales TaxWith Max Surtax
South Dakota4%6%

South Dakota Income Tax

StateIncome Tax (Low)Income Tax (High)
South Dakota0%0%
The South Dakota sales tax and South Dakota income tax rates should definitely be considered when determining the overall cost of living in Mitchell, SD. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The South Dakota sales tax is 4% and the maximum surtax is 6%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The South Dakota income tax rates range from 0% to 0%.

Goods & Services

ItemMitchellNational avg.Difference
Haircut $14.76$15.565.2%
Beauty Salon $28.76$36.1120.4%
Toothpaste $1.89$2.4723.7%
Shampoo $0.89$0.967.3%
Movie $9.98$10.131.4%
Bowling $4.09$4.7413.7%

Groceries

ItemMitchellNational avg.Difference
Ground Beef $3.74$3.986.1%
Fried Chicken $1.76$1.4124.9%
Milk $0.99$2.0651.9%
Potatoes $2.30$2.9822.7%
Pizza $9.01$9.474.9%
Beer $8.18$8.797.0%

Health Care

ItemMitchellNational avg.Difference
Optometrist $110.76$101.049.6%
Doctor $134.73$107.4425.4%
Dentist $88.90$90.421.7%
Ibuprofen $8.46$9.288.8%
Lipitor $442.41$426.503.7%

Housing

ItemMitchellNational avg.Difference
Home Price $117,500.00$175,700.0033.1%
Avg. Mortgage Payment $931.24$1,133.2317.8%
Apartment Rent $600.00$920.0034.8%

Transportation

ItemMitchellNational avg.Difference
Gasoline $1.96$1.991.4%
Tire Balancing $41.29$45.769.8%

Utilities

ItemMitchellNational avg.Difference
All Electricity$167.55$163.812.3%
Phone $35.00$28.3923.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Loomis, SD2299-1%
Fulton, SD11379-21%
Letcher, SD21979-21%
Mount Vernon, SD55884-16%
Ethan, SD34985-15%
Mitchell, SD15,49089-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Riverdale, GA15,49688-12%
Cedar Mill, OR15,48214141%
Groveton, VA15,47813636%
Bay Village, OH15,5081066%
Cloverly, MD15,46714646%
Mitchell, SD15,49089-11%
Source: The Mitchell, SD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.