The cost of living index in Pierre, SD, shows a notable variation compared to the nationwide average, which stands at 100. Housing costs in Pierre are 22% below the national average, making it a more affordable option for many. While groceries and utilities hover around the national average, other areas like transportation and miscellaneous expenses are slightly below, adding up to a more favorable living situation overall.
Pierre, South Dakota, shows a cost of living index that is generally lower than the nationwide average of 100. The housing index in Pierre stands at 78, which means residents spend about 22% less on housing compared to the national average. This makes finding an affordable place to live more accessible for those moving to Pierre.
Looking at other essential areas, groceries in Pierre come in at an 87 index, meaning prices are 13% lower than the nationwide average. Utilities, another significant expense, are slightly above average with a 95 index, indicating a modest 5% increase. Transportation costs are near the average, with an index of 92, suggesting only an 8% difference. Healthcare costs match the national average at 100, while miscellaneous expenses at 85 show a 15% reduction. Overall, Pierre offers a cost-effective living environment in several key areas.