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.
The above illustration supplies generalized information for the Huron, SD cost of living index. Compared to other cities in South Dakota and cities across the country, the cost of living index in Huron, SD is 84, which is 7% lower than the South Dakota average and 16% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Huron, SD are 3% higher than the average for South Dakota and 2% lower than the rest of the country.
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The cost of living in Huron is 7% lower than the South Dakota average.
The cost of living in Huron is 16% lower than the national average.
The cost of housing in Huron is 44% 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.
This is how much you would need to earn in Price difference in compared to
Cost of living index
Goods & Services index
Health care index
The salary calculator is meant to help you compare your salary in Huron, SD to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Huron, SD, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Huron, SD salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.
Median Income & Debt-To-Income Ratio
Max Budget (28% DTI)
Max Budget (36% DTI)
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Huron, 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 Huron, SD homeowners, is $59,380. This would allow for a maximum of $1,385 per month to be spent on housing costs. For renters, the median monthly income is $25,837 which would result in a maximum of $603 to be spent on rental costs.
South Dakota Sales Tax
General Sales Tax
With Max Surtax
South Dakota Income Tax
Income Tax (Low)
Income Tax (High)
One thing to keep in mind when considering the cost of living in Huron, SD is the South Dakota sales tax and South Dakota income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The South Dakota sales tax rate is 4% and the maximum surtax that can be charged is 6%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The South Dakota income tax rates range from 0% to 0%.
Goods & Services
Avg. Mortgage Payment
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.