Cost of Living in Milbank, SD

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A+
9%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
33%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Milbank South Dakota National
Cost of living9192100
Groceries10299100
Health care9897100
Housing6777100
Transportation10196100
Utilities103103100
Lifestyle & Entertainment10094100
Household Items10296100
Education & Childcare9898100
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Homes For Sale In Milbank, SD

property for sale

W 12th Ave

Milbank, SD
property for sale

701 Huron St

Milbank, SD
property for sale

208 Aspen Dr

Milbank, SD
property for sale

TD S 2nd St

Milbank, SD
See the Newest Homes For Sale In Milbank, SD

Cost Of Living Quick Facts

  • The cost of living in Milbank is 1% lower than the South Dakota average
  • The cost of living in Milbank is 9% lower than the national average
  • Milbank housing is 33% lower than the national average
  • South Dakota general sales tax is 12% lower than the national average
  • South Dakota state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Milbank

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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$106,289$8,857$2,480$3,189
      Renters$34,787$2,899$812$1,044

      South Dakota Sales Tax

      State General Sales Tax With Max Surtax
      South Dakota 4.5% 6%

      South Dakota Income Tax

      State Income Tax (Low) Income Tax (High)
      South Dakota 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Albee, SD4963.5%
      Revillo, SD119963.5%
      Marietta, MN1707326.7%
      Nassau, MN697524.8%
      La Bolt, SD1037624.0%
      Milbank, SD3,218919.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Pine City, MN3,218927.5%
      San Antonio Heights, CA3,21719190.8%
      Salmon, ID3,217918.6%
      Mamou, LA3,2178020.1%
      Checotah, OK3,2198217.6%
      Milbank, SD3,218919.4%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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