Pierre, SD Cost Of Living

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

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 89, with 100 being the average.

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

  • Pierre ranks as the #9 cheapest in South Dakota out of 19.

  • Pierre ranks as the #1,460 cheapest out of 6,412 in the US.

  • The median home value in Pierre is $186,900.

  • The median income in Pierre is $73,787.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
89
Pierre's Overall Cost Of Living
0.9x
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 89, which is 0.9x lower than the national index of 100.

Compared to South Dakota, Pierre has a cost of living index that's 1.0x lower than South Dakota's index of 93.

The standard of living in Pierre ranks as #9 most affordable out of the 19 places we measured in South Dakota. By definition, that implies Pierre ranks as the #10 most expensive place in the Mount Rushmore State.

For more reading on life in Pierre, check out:

9 out of 19
In South Dakota
1,460 out of 6,412
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 94.

  • The Groceries index in Pierre is 101.

  • The Health index in Pierre is 95.

  • The Housing index in Pierre is 82.

  • The Transportation index in Pierre is 93.

  • The Utilities index in Pierre is 89.

Living Expense Pierre South Dakota National Average
Overall 89 93 100
Services 94 93 100
Groceries 101 100 100
Health 95 95 100
Housing 82 90 100
Transportation 93 94 100
Utilities 89 89 100
For more reading on cost of living around South Dakota, check out:
Pierre Cost of Living Vs. SD

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 2017-2021. The key points are:

  • The Median Home Value in Pierre is $186,900.

  • The Median Rent in Pierre is $807.

  • The Median Income in Pierre is $73,787.

  • The Home Value To Income in Pierre is 2.5x.

  • The Rent To Monthly Income in Pierre is 0.13x.

Statistic Pierre South Dakota United States
Median Home Value $186,900 $187,800 $244,900
Median Rent $807 $809 $1,163
Median Income $73,787 $63,920 $69,021
Home Value To Income 2.5x 2.9x 3.5x
Rent To Monthly Income 0.13x 0.15x 0.2x
Search Homes For Sale In Pierre, SD
$186,900
Median Home Value
$807
Median Rent
$73,787
Median Income

Pierre, SD Costs By Category

Detailed Pierre Services Costs Vs. South Dakota

Item Pierre 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 Pierre Groceries Costs Vs. South Dakota

Item Pierre 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 Pierre Health Costs Vs. South Dakota

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

Detailed Pierre Transportation Costs Vs. South Dakota

Item Pierre South Dakota
Gasoline $2.1 $2.22
Tire Balancing $42.58 $50.07

Detailed Pierre Utilities Costs Vs. South Dakota

Item Pierre South Dakota
All Electricity $134.29 $167.67
Phone $187.6 $175.64

Pierre SnackAbility

7
/10
Overall SnackAbility
Jobs
8.5/10
Housing
6
Affordability
8.5
Diversity
8
Safety
4
Amenities
8
Education
8.5
Commute
10

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