Pierre, SD, presents a cost of living index that is below the nationwide average of 100. Specifically, the overall index for Pierre stands at 91, reflecting lower expenses in housing, utilities, and miscellaneous costs. However, categories such as groceries, healthcare, and transportation hover slightly above the average, offering a balanced view of living expenses in the area.
Comparing individual metrics, housing costs in Pierre are 17% below the national average, while utilities and miscellaneous expenses are 5% lower. Conversely, groceries, healthcare, and transportation costs are 5%, 6%, and 10% above the national average, respectively. This mix makes Pierre a potentially attractive place for those looking to reduce their housing and utility bills while balancing higher costs in other areas.
The cost of living index in Pierre, South Dakota, reveals several insights for professional job seekers considering a move. Housing, one of the primary expenses, is notably lower in Pierre, with an index of 83, compared to the nationwide average of 100. This indicates that housing costs in Pierre are about 17% less than the national average, offering potential savings for those relocating. Additionally, groceries and utilities in Pierre are close to the national average, with indices of 95 and 95 respectively. These figures suggest that basic living expenses in these categories are nearly on par with the rest of the country.
Moreover, transportation costs in Pierre have an index of 90, which is slightly below the national average. Job seekers can expect to pay around 10% less for transportation compared to the average American city. Healthcare, another critical expense, has an index of 96, suggesting costs are slightly above the national average. Lastly, miscellaneous expenses, with an index of 89, show that these additional costs are about 11% lower in Pierre. Overall, Pierre offers a cost of living that is attractive for housing and miscellaneous expenses while maintaining a similar cost for other essential areas.
