Cost of Living in Canistota, SD
Housing
The housing market plays a significant role in determining the cost of living in Canistota, SD.
- Housing Index: 92 / 100
- Median Home Price is: $175,000
- Average Rent (2 BR Apartment): $1139 per month
- Average Rent (2 BR House): $1238 per month
Based on the data provided for Canistota, SD, it's important to highlight that although the median home price stands at a competitive 175000—which could indicate accessibility to homeownership—both the housing index and rental information show zero values. This may reflect a lack of available rental properties in the area, making housing scarcity a potential issue. Furthermore, considering market trends, contrasting costs, and amenities accessible in the locality enables prospective residents to make informed decisions about relocation. Investigating broader market conditions may shed light on future housing forecasts in Canistota.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Canistota, SD.
- Electricity Price: $14.15 USD (median by state)
- Natural Gas Price: $10.63 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $238 per month
Living in Canistota, SD could entail higher utility costs. Electricity costs sit at $14.15, while natural gas is priced at $10.63 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $238 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Canistota is a financially viable option for your relocation.