Tea, SD Cost Of Living
Cost Of Living In Tea, SD Summary
Cost of living in Tea 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 Tea 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 Tea is 98, with 100 being the average.
The cost of living index in Tea is 1.0x lower than the national average.
Tea ranks as the #15 cheapest in South Dakota out of 19.
Tea ranks as the #2,372 cheapest out of 6,489 in the US.
The median home value in Tea is $372,874.
The median income in Tea is $104,643.
Table Of Contents
Tea's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Tea, SD?
According to the most recent data on the cost of living, Tea has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to South Dakota, Tea has a cost of living index that's 1.1x higher than South Dakota's index of 88.
The standard of living in Tea ranks as #15 most affordable out of the 19 places we measured in South Dakota. By definition, that implies Tea ranks as the #4 most expensive place in the Mount Rushmore State.
For more reading on life in Tea, check out:
In South Dakota
In America
Tea Cost Of Living Vs. South Dakota
Six factors go into calculating the cost of living index in Tea. Here is how it fairs on each of the criteria:
The Services index in Tea is 91.
The Groceries index in Tea is 98.
The Health index in Tea is 104.
The Housing index in Tea is 118.
The Transportation index in Tea is 92.
The Utilities index in Tea is 83.
| Living Expense | Tea | South Dakota | National Average | |
|---|---|---|---|---|
| Overall | 98 | 88 | 100 | |
| Services | 91 | 95 | 100 | |
| Groceries | 98 | 98 | 100 | |
| Health | 104 | 100 | 100 | |
| Housing | 118 | 78 | 100 | |
| Transportation | 92 | 95 | 100 | |
| Utilities | 83 | 89 | 100 | |
Tea, 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 Tea is $372,874.
The Median Rent in Tea is $1,113.
The Median Income in Tea is $104,643.
The Home Value To Income in Tea is 3.6x.
The Rent To Monthly Income in Tea is 0.13x.
| Statistic | Tea | South Dakota | United States |
|---|---|---|---|
| Median Home Value | $372,874 | $315,406 | $303,400 |
| Median Rent | $1,113 | $912 | $1,348 |
| Median Income | $104,643 | $72,421 | $78,538 |
| Home Value To Income | 3.6x | 4.4x | 3.9x |
| Rent To Monthly Income | 0.13x | 0.15x | 0.21x |
Median Home Value
Median Rent
Median Income
Tea, SD Costs By Category
Detailed Tea Services Costs Vs. South Dakota
| Item | Tea | South Dakota |
|---|---|---|
| Shampoo | $1.29 | $1.28 |
| Movie | $9.36 | $12.13 |
| Bowling | $16.4 | $18 |
| Haircut | $24.32 | $24.26 |
| Beauty Salon | $35.22 | $45.56 |
Detailed Tea Groceries Costs Vs. South Dakota
| Item | Tea | South Dakota |
|---|---|---|
| Ground Beef | $5.89 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $4.63 | $4.93 |
| Pizza | $10.64 | $12.09 |
| Beer | $9.33 | $10.41 |
| Toothpaste | $3.8 | $3.7 |
Detailed Tea Health Costs Vs. South Dakota
| Item | Tea | South Dakota |
|---|---|---|
| Optometrist | $135.1 | $125.68 |
| Doctor | $177.33 | $135.78 |
| Dentist | $108.21 | $113.29 |
Detailed Tea Transportation Costs Vs. South Dakota
| Item | Tea | South Dakota |
|---|---|---|
| Gasoline | $3.28 | $3.46 |
| Tire Balancing | $49.42 | $59.92 |
Detailed Tea Utilities Costs Vs. South Dakota
| Item | Tea | South Dakota |
|---|---|---|
| All Electricity | $141.67 | $193.99 |
| Phone | $194.04 | $192.25 |
Tea SnackAbility
/10
Cost Of Living In Cities Around Tea
The cost of living varies in the cities and towns around Tea. Here's a quick look at the cost of living in the most populous nearby places:
Sioux Falls, SD has a cost of living index of 97, 1.0x Tea.
Brandon, SD has a cost of living index of 102, 1.0x Tea.
Harrisburg, SD has a cost of living index of 100, 1.0x Tea.
| City | Population | Cost Of Living | Vs. Tea |
|---|---|---|---|
| Sioux Falls, SD | 197,642 | 97 | 1.0x |
| Brandon, SD | 10,996 | 102 | 1.0x |
| Harrisburg, SD | 7,790 | 100 | 1.0x |
