Housing costs in Marvin?
A typical home costs
$88,800, which is 73.7% less expensive than the national average of
$338,100 and 66.9% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Marvin costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 8.3% cheaper than the state average of
$910.
Can I afford Marvin?
To live comfortably in Marvin, South Dakota, a minimum annual income of
$16,920 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Marvin?
The cost of living in Marvin, SD is quite reasonable. The median home value is around $125,000, and the cost of renting an apartment or house is generally less expensive than in neighboring towns. Groceries are priced competitively with the rest of the area, and utilities such as electricity, water and sewage are all relatively inexpensive. In addition to lower costs on everyday items, there is no state income tax in South Dakota which helps make living expenses even more affordable for those who choose to call Marvin home.