Cost of Living in Platte, SD

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11%
Overall NAT. AVG.
7%
Goods & Services NAT. AVG.
22%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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.
Index Platte South Dakota National
Cost of living8989100
Goods & Services9394100
Groceries9597100
Health care9298100
Housing7877100
Transportation9897100
Utilities9088100
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Cost Of Living Quick Facts

  • The cost of living in Platte is equal to the South Dakota average
  • The cost of living in Platte is 11% lower than the national average
  • Platte housing is 22% 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

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Compare Platte, SD Cost of Living

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      This is how much you would need to earn in
      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 Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$60,729$5,061$1,417$1,822
      Renters$22,083$1,840$515$663

      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%

      Goods & Services

      Item Platte National avg. Difference
      Haircut $18.75$24.2622.7%
      Beauty Salon $25.03$45.5645.1%
      Toothpaste $3.64$3.701.7%
      Shampoo $0.98$1.2823.5%
      Movie $9.50$12.1321.7%
      Bowling $10.00$18.0044.4%

      Groceries

      Item Platte National avg. Difference
      Ground Beef $5.61$5.844.0%
      Fried Chicken $1.41$1.5710.4%
      Milk $4.49$4.673.9%
      Potatoes $4.28$4.9313.3%
      Pizza $12.79$12.095.8%
      Beer $9.46$10.419.2%

      Health Care

      Item Platte National avg. Difference
      Optometrist $179.59$125.6842.9%
      Doctor $123.33$135.789.2%
      Dentist $83.03$113.2926.7%
      Ibuprofen $10.28$10.653.5%
      Lipitor $503.10$468.607.4%

      Housing

      Item Platte National avg. Difference
      Home Price $152,400.00$184,700.0017.5%
      Avg. Mortgage Payment $2,658.00$2,346.6913.3%
      Apartment Rent $641.00$949.0032.5%

      Transportation

      Item Platte National avg. Difference
      Gasoline $3.53$3.462.0%
      Tire Balancing $53.06$59.9211.5%

      Utilities

      Item Platte National avg. Difference
      All Electricity $159.27$193.9917.9%
      Phone $194.14$192.251.0%
      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 Population Cost of Living Index National Avg.
      New Holland, SD8928.3%
      Bijou Hills, SD0936.7%
      Aurora Center, SD466634.2%
      Geddes, SD1877326.7%
      Platte, SD1,2908911.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Newark, AR1,2907723.3%
      Bylas, AZ1,2908118.6%
      Baltic, CT1,2901065.8%
      Scottville, MI1,2908416.4%
      Gaston, NC1,2908712.8%
      Platte, SD1,2908911.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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