Summerset 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.
IndexSummersetSouth DakotaNational
Cost of living index9891100
IndexSummersetSouth DakotaNational
Goods & Services index9496100
Groceries index10097100
Health care index96101100
Housing index10175100
Transportation index9696100
Utilities index100105100

Did you know?

  • The cost of living in Summerset is 7% higher than the South Dakota average.
  • The cost of living in Summerset is 2% lower than the national average.
  • The cost of housing in Summerset is 1% higher 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$81,111$6,759$1,892$2,434
Renters$44,286$3,691$1,033$1,329

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%

Goods & Services

ItemSummersetNational avg.Difference
Haircut $15.33$15.561.5%
Beauty Salon $24.71$36.1131.6%
Toothpaste $2.61$2.475.7%
Shampoo $0.96$0.960.9%
Movie $8.75$10.1313.6%
Bowling $4.50$4.745.0%

Groceries

ItemSummersetNational avg.Difference
Ground Beef $4.00$3.980.5%
Fried Chicken $1.60$1.4113.5%
Milk $1.94$2.066.2%
Potatoes $2.48$2.9816.7%
Pizza $8.16$9.4713.8%
Beer $11.24$8.7927.8%

Health Care

ItemSummersetNational avg.Difference
Optometrist $109.37$101.048.2%
Doctor $103.36$107.443.8%
Dentist $83.35$90.427.8%
Ibuprofen $9.57$9.283.2%
Lipitor $398.11$426.506.7%

Housing

ItemSummersetNational avg.Difference
Home Price $179,300.00$175,700.002.0%
Avg. Mortgage Payment $1,545.53$1,133.2336.4%
Apartment Rent $893.00$920.002.9%

Transportation

ItemSummersetNational avg.Difference
Gasoline $2.02$1.991.4%
Tire Balancing $38.88$45.7615.0%

Utilities

ItemSummersetNational avg.Difference
All Electricity$136.36$163.8116.8%
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.
Ashland Heights, SD62279-21%
Sturgis, SD6,65287-13%
Blackhawk, SD2,75490-10%
Box Elder, SD8,68391-9%
Green Valley, SD63992-8%
Summerset, SD2,24098-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Newtown, PA2,24014747%
Madison, NC2,24080-20%
Liverpool, NY2,24092-8%
Marceline, MO2,23982-18%
West Lafayette, OH2,23979-21%
Summerset, SD2,24098-2%
Source: The Summerset, SD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.