Cost of living in Brandon 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 Brandon 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 Brandon is 98, with 100 being the average.
The cost of living index in Brandon is 1.0x lower than the national average.
Brandon ranks as the #17 cheapest in South Dakota out of 19.
Brandon ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Brandon is $264,000.
The median income in Brandon is $96,367.
According to the most recent data on the cost of living, Brandon has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to South Dakota, Brandon has a cost of living index that's 1.1x higher than South Dakota's index of 93.
The standard of living in Brandon ranks as #17 most affordable out of the 19 places we measured in South Dakota. By definition, that implies Brandon ranks as the #2 most expensive place in the Mount Rushmore State.
For more reading on life in Brandon, check out:
Six factors go into calculating the cost of living index in Brandon. Here is how it fairs on each of the criteria:
The Services index in Brandon is 97.
The Groceries index in Brandon is 101.
The Health index in Brandon is 121.
The Housing index in Brandon is 97.
The Transportation index in Brandon is 99.
The Utilities index in Brandon is 98.
Living Expense | Brandon | South Dakota | National Average | |
---|---|---|---|---|
Overall | 98 | 93 | 100 | |
Services | 97 | 93 | 100 | |
Groceries | 101 | 100 | 100 | |
Health | 121 | 95 | 100 | |
Housing | 97 | 90 | 100 | |
Transportation | 99 | 94 | 100 | |
Utilities | 98 | 89 | 100 |
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 Brandon is $264,000.
The Median Rent in Brandon is $884.
The Median Income in Brandon is $96,367.
The Home Value To Income in Brandon is 2.7x.
The Rent To Monthly Income in Brandon is 0.11x.
Statistic | Brandon | South Dakota | United States |
---|---|---|---|
Median Home Value | $264,000 | $187,800 | $244,900 |
Median Rent | $884 | $809 | $1,163 |
Median Income | $96,367 | $63,920 | $69,021 |
Home Value To Income | 2.7x | 2.9x | 3.5x |
Rent To Monthly Income | 0.11x | 0.15x | 0.2x |
Item | Brandon | South Dakota |
---|---|---|
Shampoo | $0.92 | $1.06 |
Movie | $8.83 | $10.68 |
Bowling | $9.17 | $14.67 |
Haircut | $21.16 | $18.62 |
Beauty Salon | $30.55 | $39.05 |
Item | Brandon | South Dakota |
---|---|---|
Ground Beef | $4.86 | $4.22 |
Fried Chicken | $1.64 | $1.39 |
Milk | $2.14 | $2.05 |
Potatoes | $3.84 | $3.29 |
Pizza | $11.66 | $10.62 |
Beer | $8.98 | $9.38 |
Toothpaste | $2.27 | $2.34 |
Item | Brandon | South Dakota |
---|---|---|
Optometrist | $125.17 | $108.57 |
Doctor | $204.33 | $116.17 |
Dentist | $101.0 | $99.13 |
Item | Brandon | South Dakota |
---|---|---|
Gasoline | $2.2 | $2.22 |
Tire Balancing | $47.72 | $50.07 |
Item | Brandon | South Dakota |
---|---|---|
All Electricity | $157.58 | $167.67 |
Phone | $182.1 | $175.64 |
The cost of living varies in the cities and towns around Brandon. 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 95, 1.0x Brandon.
Harrisburg, SD has a cost of living index of 98, 1.0x Brandon.
Tea, SD has a cost of living index of 98, 1.0x Brandon.
City | Population | Cost Of Living | Vs. Brandon |
---|---|---|---|
Sioux Falls, SD | 189,258 | 95 | 1.0x |
Harrisburg, SD | 6,645 | 98 | 1.0x |
Tea, SD | 5,535 | 98 | 1.0x |