Pierre, SD Cost Of Living
Cost Of Living In Pierre, SD Summary
Cost of living in Pierre 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 Pierre 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 Pierre is 94, with 100 being the average.
The cost of living index in Pierre is 0.9x lower than the national average.
Pierre ranks as the #10 cheapest in South Dakota out of 19.
Pierre ranks as the #1,806 cheapest out of 6,489 in the US.
The median home value in Pierre is $296,112.
The median income in Pierre is $74,053.
Table Of Contents
Pierre's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Pierre, SD?
According to the most recent data on the cost of living, Pierre has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to South Dakota, Pierre has a cost of living index that's 1.1x higher than South Dakota's index of 88.
The standard of living in Pierre ranks as #10 most affordable out of the 19 places we measured in South Dakota. By definition, that implies Pierre ranks as the #9 most expensive place in the Mount Rushmore State.
For more reading on life in Pierre, check out:
In South Dakota
In America
Pierre Cost Of Living Vs. South Dakota
Six factors go into calculating the cost of living index in Pierre. Here is how it fairs on each of the criteria:
The Services index in Pierre is 92.
The Groceries index in Pierre is 95.
The Health index in Pierre is 91.
The Housing index in Pierre is 92.
The Transportation index in Pierre is 98.
The Utilities index in Pierre is 92.
| Living Expense | Pierre | South Dakota | National Average | |
|---|---|---|---|---|
| Overall | 94 | 88 | 100 | |
| Services | 92 | 95 | 100 | |
| Groceries | 95 | 98 | 100 | |
| Health | 91 | 100 | 100 | |
| Housing | 92 | 78 | 100 | |
| Transportation | 98 | 95 | 100 | |
| Utilities | 92 | 89 | 100 | |
Pierre, 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 2019-2023. The key points are:
The Median Home Value in Pierre is $296,112.
The Median Rent in Pierre is $936.
The Median Income in Pierre is $74,053.
The Home Value To Income in Pierre is 4.0x.
The Rent To Monthly Income in Pierre is 0.15x.
| Statistic | Pierre | South Dakota | United States |
|---|---|---|---|
| Median Home Value | $296,112 | $315,406 | $303,400 |
| Median Rent | $936 | $912 | $1,348 |
| Median Income | $74,053 | $72,421 | $78,538 |
| Home Value To Income | 4.0x | 4.4x | 3.9x |
| Rent To Monthly Income | 0.15x | 0.15x | 0.21x |
Median Home Value
Median Rent
Median Income
Pierre, SD Costs By Category
Detailed Pierre Services Costs Vs. South Dakota
| Item | Pierre | South Dakota |
|---|---|---|
| Shampoo | $0.98 | $1.28 |
| Movie | $9.5 | $12.13 |
| Bowling | $10.0 | $18 |
| Haircut | $18.75 | $24.26 |
| Beauty Salon | $25.03 | $45.56 |
Detailed Pierre Groceries Costs Vs. South Dakota
| Item | Pierre | South Dakota |
|---|---|---|
| Ground Beef | $5.61 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.49 | $4.67 |
| Potatoes | $4.28 | $4.93 |
| Pizza | $12.79 | $12.09 |
| Beer | $9.46 | $10.41 |
| Toothpaste | $3.64 | $3.7 |
Detailed Pierre Health Costs Vs. South Dakota
| Item | Pierre | South Dakota |
|---|---|---|
| Optometrist | $179.59 | $125.68 |
| Doctor | $123.33 | $135.78 |
| Dentist | $83.03 | $113.29 |
Detailed Pierre Transportation Costs Vs. South Dakota
| Item | Pierre | South Dakota |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $53.06 | $59.92 |
Detailed Pierre Utilities Costs Vs. South Dakota
| Item | Pierre | South Dakota |
|---|---|---|
| All Electricity | $159.27 | $193.99 |
| Phone | $194.14 | $192.25 |
Pierre SnackAbility
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