A
Overall 17%
Goods & Services 4%
Housing 42%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexCastlewoodSouth DakotaNational
Cost of living8390100
Goods & Services9696100
Groceries9699100
Health care107102100
Housing5877100
Transportation9196100
Utilities8588100

Key findings

  • The cost of living in Castlewood is 7% lower than the South Dakota average
  • The cost of living in Castlewood is 17% lower than the national average
  • Castlewood housing is 42% 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 Castlewood, SD Cost of Living

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$61,000$5,083$1,423$1,830
      Renters$33,295$2,775$777$999

      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

      ItemCastlewoodNational avg.Difference
      Haircut $16.15$17.497.7%
      Beauty Salon $30.20$38.1720.9%
      Toothpaste $2.13$2.328.2%
      Shampoo $1.13$1.0111.7%
      Movie $9.75$10.729.1%
      Bowling $15.19$13.869.6%

      Groceries

      ItemCastlewoodNational avg.Difference
      Ground Beef $3.19$3.9018.2%
      Fried Chicken $1.91$1.4036.8%
      Milk $2.13$1.968.6%
      Potatoes $2.49$3.1821.8%
      Pizza $10.49$10.390.9%
      Beer $8.79$9.234.8%

      Health Care

      ItemCastlewoodNational avg.Difference
      Optometrist $124.00$106.3416.6%
      Doctor $142.50$115.2523.6%
      Dentist $100.00$98.381.6%
      Ibuprofen $9.59$9.263.6%
      Lipitor $447.40$466.474.1%

      Housing

      ItemCastlewoodNational avg.Difference
      Home Price $103,600.00$184,700.0043.9%
      Avg. Mortgage Payment $1,183.43$1,273.327.1%
      Apartment Rent $605.00$949.0036.2%

      Transportation

      ItemCastlewoodNational avg.Difference
      Gasoline $2.58$2.590.5%
      Tire Balancing $38.40$48.9021.5%

      Utilities

      ItemCastlewoodNational avg.Difference
      All Electricity$124.73$167.6025.6%
      Phone $178.51$163.429.2%
      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.
      Goodwin, SD12579-21%
      Lake Norden, SD47980-20%
      Hayti, SD41581-19%
      Estelline, SD88281-19%
      Kranzburg, SD16782-18%
      Castlewood, SD60983-17%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Scotland, TX60979-21%
      Coalville, IA60986-14%
      Madison, CA6091099%
      Evansville, MN60993-7%
      Whitesburg, GA60983-17%
      Castlewood, SD60983-17%
      Source: The Castlewood, SD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.