The cost of living index for Pierre, SD, stands at 93, slightly below the nationwide average of 100. This indicates that overall living expenses in Pierre are 7% less than the national average. Each category, such as housing and groceries, also shows costs below or close to the average, making Pierre a relatively affordable place to live.
Pierre, South Dakota, shows a cost of living index that is lower than the nationwide average, making it an attractive option for budget-conscious individuals. According to the latest data, the overall cost of living index for Pierre stands at 93, which is 7% below the national average of 100. This means that expenses in areas like housing, groceries, and utilities tend to be lower than what people might expect to pay in other parts of the country.
Specifically, Pierre’s housing costs are 10% below the national average, with an index of 90. This makes finding an affordable place to live a bit easier for those relocating or considering a move to Pierre. Groceries, another major expense, show a modest increase, sitting at 95, which is 5% below the national average. Utilities follow closely with an index of 98, just 2% below the national average, ensuring that everyday expenses like electricity and water remain manageable. Transportation costs are slightly lower at 97, showing a 3% decrease, which may help ease the burden for those who rely on personal vehicles. Together, these figures create a favorable environment for those looking to minimize their cost of living while maintaining a quality lifestyle.
