Vermillion, SD, offers a lower cost of living compared to the nationwide average. The cost of living index in Vermillion stands at 89, which is 11% below the national average of 100. This makes Vermillion an attractive option for those seeking more affordable living expenses.
Specifically, housing costs in Vermillion are 12% below the average, while groceries and utilities are slightly above. Transportation, healthcare, and miscellaneous costs also remain under the national average, making Vermillion a budget-friendly choice for many.
Vermillion, South Dakota, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Vermillion stands at 88, which is 12% below the national average of 100. This lower cost is particularly evident in the housing sector, where the index is 88. This means that housing expenses in Vermillion are 12% cheaper than the average cost across the country.
In addition to housing, other areas such as groceries, utilities, and miscellaneous expenses also reflect a lower cost of living. Groceries in Vermillion have an index of 92, which is 8% below the national average. Utilities and miscellaneous expenses each have an index of 90, which is 10% lower than the average. While transportation and healthcare each have an index of 85, they are 15% below the national average. This makes Vermillion a more affordable option for those looking to reduce their living expenses without sacrificing quality.