Cost of Living in Summerset, SD

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A
8%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
30%
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 Summerset South Dakota National
Cost of living10892100
Groceries10099100
Health care9897100
Housing13077100
Transportation9896100
Utilities102103100
Lifestyle & Entertainment9694100
Household Items9796100
Education & Childcare9898100
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Homes For Sale In Summerset, SD

property for sale

6860 Cambridge Ct

Summerset, SD
property for sale

6674 Cambridge Pl

Summerset, SD
property for sale

14865 Glenwood Dr

Summerset, SD
property for sale

Lot 10 Anderson Rd

Southwest Meade, SD
See the Newest Homes For Sale In Summerset, SD

Cost Of Living Quick Facts

  • The cost of living in Summerset is 18% higher than the South Dakota average
  • The cost of living in Summerset is 8% higher than the national average
  • Summerset housing is 30% higher 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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      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$139,586$11,632$3,257$4,188
      Renters$114,675$9,556$2,676$3,441

      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.
      Buffalo Chip, SD0991.3%
      Sturgis, SD7,137946.4%
      Ashland Heights, SD1,118954.9%
      Rapid Valley, SD8,750972.5%
      Rapid City, SD79,549991.0%
      Summerset, SD2,6981088.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Avoca, PA2,698927.8%
      Unionville, TN2,698973.5%
      Indian Springs Village, AL2,69713433.9%
      Clarkson Valley, MO2,69718080.0%
      Rose Hills, CA2,69916969.0%
      Summerset, SD2,6981088.0%
      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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