Housing costs in Imlay?
A typical home costs
$379,000, which is 12.1% more expensive than the national average of
$338,100 and 41.4% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Imlay costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 10.8% cheaper than the state average of
$910.
Can I afford Imlay?
To live comfortably in Imlay, South Dakota, a minimum annual income of
$72,720 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Imlay?
Living in Imlay, SD is quite affordable. The cost of living index is 78.9, which is significantly lower than the US average of 100. This means that basic goods and services such as groceries, housing, utilities, and transportation are more accessible for residents in this small town. Housing costs in particular are extremely low, with an average rent for a two-bedroom apartment around $640 per month. Additionally, gas prices hover around $2.40/gallon and food prices remain fairly low, making it easy to get by on a budget.