Box Elder, SD Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Box Elder, SD Summary

Cost of living in Box Elder research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Box Elder is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in South Dakota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Box Elder is 88, with 100 being the average.

  • The cost of living index in Box Elder is 0.9x lower than the national average.

  • Box Elder ranks as the #7 cheapest in South Dakota out of 19.

  • Box Elder ranks as the #1,278 cheapest out of 6,412 in the US.

  • The median home value in Box Elder is $206,600.

  • The median income in Box Elder is $62,972.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
88
Box Elder's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Box Elder, SD?

According to the most recent data on the cost of living, Box Elder has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.

Compared to South Dakota, Box Elder has a cost of living index that's 0.9x lower than South Dakota's index of 93.

The standard of living in Box Elder ranks as #7 most affordable out of the 19 places we measured in South Dakota. By definition, that implies Box Elder ranks as the #12 most expensive place in the Mount Rushmore State.

For more reading on life in Box Elder, check out:

7 out of 19
In South Dakota
1,278 out of 6,412
In America

Box Elder Cost Of Living Vs. South Dakota

Six factors go into calculating the cost of living index in Box Elder. Here is how it fairs on each of the criteria:

  • The Services index in Box Elder is 93.

  • The Groceries index in Box Elder is 97.

  • The Health index in Box Elder is 95.

  • The Housing index in Box Elder is 84.

  • The Transportation index in Box Elder is 93.

  • The Utilities index in Box Elder is 92.

Living Expense Box Elder South Dakota National Average
Overall 88 93 100
Services 93 93 100
Groceries 97 100 100
Health 95 95 100
Housing 84 90 100
Transportation 93 94 100
Utilities 92 89 100
For more reading on cost of living around South Dakota, check out:
Box Elder Cost of Living Vs. SD

Box Elder, SD Housing Cost Breakdown

Housing swings affordability the most between places in South Dakota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Box Elder is $206,600.

  • The Median Rent in Box Elder is $1,105.

  • The Median Income in Box Elder is $62,972.

  • The Home Value To Income in Box Elder is 3.3x.

  • The Rent To Monthly Income in Box Elder is 0.21x.

Statistic Box Elder South Dakota United States
Median Home Value $206,600 $187,800 $244,900
Median Rent $1,105 $809 $1,163
Median Income $62,972 $63,920 $69,021
Home Value To Income 3.3x 2.9x 3.5x
Rent To Monthly Income 0.21x 0.15x 0.2x
Search Homes For Sale In Box Elder, SD
$206,600
Median Home Value
$1,105
Median Rent
$62,972
Median Income

Box Elder, SD Costs By Category

Detailed Box Elder Services Costs Vs. South Dakota

Item Box Elder South Dakota
Shampoo $1.17 $1.06
Movie $9.0 $10.68
Bowling $12.0 $14.67
Haircut $15.74 $18.62
Beauty Salon $23.63 $39.05

Detailed Box Elder Groceries Costs Vs. South Dakota

Item Box Elder South Dakota
Ground Beef $3.94 $4.22
Fried Chicken $1.34 $1.39
Milk $2.02 $2.05
Potatoes $2.6 $3.29
Pizza $11.2 $10.62
Beer $9.52 $9.38
Toothpaste $2.17 $2.34

Detailed Box Elder Health Costs Vs. South Dakota

Item Box Elder South Dakota
Optometrist $174.08 $108.57
Doctor $118.42 $116.17
Dentist $77.12 $99.13

Detailed Box Elder Transportation Costs Vs. South Dakota

Item Box Elder South Dakota
Gasoline $2.1 $2.22
Tire Balancing $42.58 $50.07

Detailed Box Elder Utilities Costs Vs. South Dakota

Item Box Elder South Dakota
All Electricity $134.29 $167.67
Phone $187.6 $175.64

Box Elder SnackAbility

6
/10
Overall SnackAbility
Jobs
7/10
Housing
8
Affordability
6
Diversity
8
Safety
4
Amenities
7
Education
8
Commute
9

Cost Of Living In Cities Around Box Elder

The cost of living varies in the cities and towns around Box Elder. Here's a quick look at the cost of living in the most populous nearby places:

  • Spearfish, SD has a cost of living index of 99, 1.1x Box Elder.

  • Rapid Valley, SD has a cost of living index of 93, 1.1x Box Elder.

  • Sturgis, SD has a cost of living index of 87, 1.0x Box Elder.

City Population Cost Of Living Vs. Box Elder
Spearfish, SD 12,031 99 1.1x
Rapid Valley, SD 7,875 93 1.1x
Sturgis, SD 7,088 87 1.0x

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