Cost of living in Mitchell 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 Mitchell 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 Mitchell is 85, with 100 being the average.
The cost of living index in Mitchell is 0.8x lower than the national average.
Mitchell ranks as the #2 cheapest in South Dakota out of 19.
Mitchell ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Mitchell is $149,200.
The median income in Mitchell is $48,164.
According to the most recent data on the cost of living, Mitchell has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to South Dakota, Mitchell has a cost of living index that's 0.9x lower than South Dakota's index of 93.
The standard of living in Mitchell ranks as #2 most affordable out of the 19 places we measured in South Dakota. By definition, that implies Mitchell ranks as the #17 most expensive place in the Mount Rushmore State.
For more reading on life in Mitchell, check out:
Six factors go into calculating the cost of living index in Mitchell. Here is how it fairs on each of the criteria:
The Services index in Mitchell is 94.
The Groceries index in Mitchell is 100.
The Health index in Mitchell is 95.
The Housing index in Mitchell is 72.
The Transportation index in Mitchell is 91.
The Utilities index in Mitchell is 91.
Living Expense | Mitchell | South Dakota | National Average | |
---|---|---|---|---|
Overall | 85 | 93 | 100 | |
Services | 94 | 93 | 100 | |
Groceries | 100 | 100 | 100 | |
Health | 95 | 95 | 100 | |
Housing | 72 | 90 | 100 | |
Transportation | 91 | 94 | 100 | |
Utilities | 91 | 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 Mitchell is $149,200.
The Median Rent in Mitchell is $732.
The Median Income in Mitchell is $48,164.
The Home Value To Income in Mitchell is 3.1x.
The Rent To Monthly Income in Mitchell is 0.18x.
Statistic | Mitchell | South Dakota | United States |
---|---|---|---|
Median Home Value | $149,200 | $187,800 | $244,900 |
Median Rent | $732 | $809 | $1,163 |
Median Income | $48,164 | $63,920 | $69,021 |
Home Value To Income | 3.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.18x | 0.15x | 0.2x |
Item | Mitchell | 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 |
Item | Mitchell | 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 |
Item | Mitchell | South Dakota |
---|---|---|
Optometrist | $174.08 | $108.57 |
Doctor | $118.42 | $116.17 |
Dentist | $77.12 | $99.13 |
Item | Mitchell | South Dakota |
---|---|---|
Gasoline | $2.1 | $2.22 |
Tire Balancing | $42.58 | $50.07 |
Item | Mitchell | South Dakota |
---|---|---|
All Electricity | $134.29 | $167.67 |
Phone | $187.6 | $175.64 |
The cost of living varies in the cities and towns around Mitchell. Here's a quick look at the cost of living in the most populous nearby places:
Huron, SD has a cost of living index of 83, 1.0x Mitchell.
Madison, SD has a cost of living index of 87, 1.0x Mitchell.
City | Population | Cost Of Living | Vs. Mitchell |
---|---|---|---|
Huron, SD | 14,060 | 83 | 1.0x |
Madison, SD | 6,388 | 87 | 1.0x |