Vermillion, SD, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Vermillion stands at 88, which is 12% below the national average of 100. This lower cost of living makes Vermillion an attractive option for those looking to manage their expenses effectively while maintaining a good quality of life.
Vermillion, SD, offers a cost of living that is notably lower than the nationwide average. The housing index in Vermillion stands at 85, which is 15% lower than the national average of 100. This means that housing costs in Vermillion are more affordable compared to the rest of the country. Similarly, groceries in Vermillion are priced at 90, which is 10% below the national average. This indicates that residents can expect to spend less on food items.
Utilities in Vermillion are slightly above the national average, with an index of 95, representing a 5% increase. Transportation costs are also relatively close to the national average, with an index of 92, which is 8% lower. Healthcare costs in Vermillion are at 88, which is 12% lower than the national average. Lastly, miscellaneous expenses are at 87, which is 13% below the national average. These figures show that Vermillion provides a cost of living that is generally more affordable across most categories.