Cost of Living in Monroe, SD

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23%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
67%
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 Monroe South Dakota National
Cost of living7792100
Groceries9899100
Health care9597100
Housing3377100
Transportation9396100
Utilities104103100
Lifestyle & Entertainment9394100
Household Items9596100
Education & Childcare9898100
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Cost Of Living Quick Facts

  • The cost of living in Monroe is 15% lower than the South Dakota average
  • The cost of living in Monroe is 23% lower than the national average
  • Monroe housing is 67% 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 Monroe

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Compare Monroe, SD Cost of Living

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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$54,422$4,535$1,270$1,633
      Renters$36,028$3,002$841$1,081

      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.
      Dolton, SD63963.5%
      Bridgewater, SD3307723.2%
      Canistota, SD6888316.8%
      Freeman, SD1,6878515.3%
      Hurley, SD4248614.0%
      Monroe, SD2157722.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Daviston, AL2158416.3%
      Monson, CA21511818.1%
      Point Reyes Station, CA215277176.9%
      Rippey, IA2158020.0%
      Rio, IL2158415.7%
      Monroe, SD2157722.6%
      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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