Vermillion, SD Cost Of Living
Cost Of Living In Vermillion, SD Summary
Cost of living in Vermillion 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 Vermillion 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 Vermillion is 89, with 100 being the average.
The cost of living index in Vermillion is 0.9x lower than the national average.
Vermillion ranks as the #9 cheapest in South Dakota out of 19.
Vermillion ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Vermillion is $169,500.
The median income in Vermillion is $47,920.
Table Of Contents
Vermillion's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Vermillion, SD?
According to the most recent data on the cost of living, Vermillion has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to South Dakota, Vermillion has a cost of living index that's 1.0x lower than South Dakota's index of 93.
The standard of living in Vermillion ranks as #9 most affordable out of the 19 places we measured in South Dakota. By definition, that implies Vermillion ranks as the #10 most expensive place in the Mount Rushmore State.
For more reading on life in Vermillion, check out:
- Living In Vermillion
- Vermillion Crime Report
- Search Homes For Sale In Vermillion, SD
In South Dakota
In America
Vermillion Cost Of Living Vs. South Dakota
Six factors go into calculating the cost of living index in Vermillion. Here is how it fairs on each of the criteria:
The Services index in Vermillion is 98.
The Groceries index in Vermillion is 101.
The Health index in Vermillion is 96.
The Housing index in Vermillion is 73.
The Transportation index in Vermillion is 96.
The Utilities index in Vermillion is 95.
| Living Expense | Vermillion | South Dakota | National Average | |
|---|---|---|---|---|
| Overall | 89 | 93 | 100 | |
| Services | 98 | 93 | 100 | |
| Groceries | 101 | 100 | 100 | |
| Health | 96 | 95 | 100 | |
| Housing | 73 | 90 | 100 | |
| Transportation | 96 | 94 | 100 | |
| Utilities | 95 | 89 | 100 | |
Vermillion, 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 Vermillion is $169,500.
The Median Rent in Vermillion is $718.
The Median Income in Vermillion is $47,920.
The Home Value To Income in Vermillion is 3.5x.
The Rent To Monthly Income in Vermillion is 0.18x.
| Statistic | Vermillion | South Dakota | United States |
|---|---|---|---|
| Median Home Value | $169,500 | $187,800 | $244,900 |
| Median Rent | $718 | $809 | $1,163 |
| Median Income | $47,920 | $63,920 | $69,021 |
| Home Value To Income | 3.5x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.15x | 0.2x |
Median Home Value
Median Rent
Median Income
Vermillion, SD Costs By Category
Detailed Vermillion Services Costs Vs. South Dakota
| Item | Vermillion | South Dakota |
|---|---|---|
| Shampoo | $0.94 | $1.06 |
| Movie | $10.64 | $10.68 |
| Bowling | $15.57 | $14.67 |
| Haircut | $17.96 | $18.62 |
| Beauty Salon | $34.01 | $39.05 |
Detailed Vermillion Groceries Costs Vs. South Dakota
| Item | Vermillion | South Dakota |
|---|---|---|
| Ground Beef | $4.58 | $4.22 |
| Fried Chicken | $1.24 | $1.39 |
| Milk | $2.0 | $2.05 |
| Potatoes | $4.03 | $3.29 |
| Pizza | $10.01 | $10.62 |
| Beer | $8.97 | $9.38 |
| Toothpaste | $2.38 | $2.34 |
Detailed Vermillion Health Costs Vs. South Dakota
| Item | Vermillion | South Dakota |
|---|---|---|
| Optometrist | $114.83 | $108.57 |
| Doctor | $119.0 | $116.17 |
| Dentist | $78.66 | $99.13 |
Detailed Vermillion Transportation Costs Vs. South Dakota
| Item | Vermillion | South Dakota |
|---|---|---|
| Gasoline | $2.07 | $2.22 |
| Tire Balancing | $49.36 | $50.07 |
Detailed Vermillion Utilities Costs Vs. South Dakota
| Item | Vermillion | South Dakota |
|---|---|---|
| All Electricity | $146.44 | $167.67 |
| Phone | $194.43 | $175.64 |
Vermillion SnackAbility
/10
Cost Of Living In Cities Around Vermillion
The cost of living varies in the cities and towns around Vermillion. Here's a quick look at the cost of living in the most populous nearby places:
Le Mars, IA has a cost of living index of 88, 1.0x Vermillion.
Sioux Center, IA has a cost of living index of 96, 1.1x Vermillion.
Harrisburg, SD has a cost of living index of 98, 1.1x Vermillion.
| City | Population | Cost Of Living | Vs. Vermillion |
|---|---|---|---|
| Le Mars, IA | 10,462 | 88 | 1.0x |
| Sioux Center, IA | 8,090 | 96 | 1.1x |
| Harrisburg, SD | 6,645 | 98 | 1.1x |
| Wayne, NE | 5,847 | 89 | 1.0x |
| Tea, SD | 5,535 | 98 | 1.1x |
