Vermillion, SD, offers a cost of living that is generally lower than the nationwide average. The overall cost of living index for Vermillion is 90, which is 10% below the national average of 100. This lower cost of living is particularly noticeable in housing, where the index is 83, reflecting a 17% reduction compared to the national average.
While some areas like groceries and utilities are close to the national average, others such as healthcare and transportation also show slight decreases. This makes Vermillion an attractive option for those seeking a more affordable lifestyle.
Vermillion, South Dakota, offers a cost of living that is notably lower than the nationwide average. The cost of living index is a measure that helps compare the expenses of living in different areas. For Vermillion, the overall cost of living index is 89, which is 11% lower than the national average of 100. This means that, on average, residents in Vermillion spend about 11% less on their daily expenses compared to the average American.
Breaking down the cost of living components, Vermillion shows some areas where costs are lower and others that are close to the average. Housing costs in Vermillion are 17% below the national average, with an index of 83. Groceries cost slightly less, at 95, which is 5% below the average. Utilities are just 4% below the average, with an index of 96. Transportation costs are 10% below the average, at 90, while healthcare costs are 8% below the average, with an index of 92. Miscellaneous expenses, such as entertainment and personal care, are 13% below the average, with an index of 87. This detailed breakdown shows that Vermillion provides a more affordable living environment in several key areas.
