Cost Of Living in Elkton, SD

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Elkton	South Dakota	National
Cost of living	85	89	100
Goods & Services	91	94	100
Groceries	97	97	100
Health care	103	98	100
Housing	70	77	100
Transportation	91	97	100
Utilities	84	88	100

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Cost Of Living Quick Facts

The cost of living in Elkton is 4% lower than the South Dakota average
The cost of living in Elkton is 15% lower than the national average
Elkton housing is 30% lower than the national average
South Dakota general sales tax is 12% lower than the national average
South Dakota state income tax is 100% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$66,875	$5,573	$1,560	$2,006
Renters	$46,458	$3,872	$1,084	$1,394

South Dakota Sales Tax

State	General Sales Tax	With Max Surtax
South Dakota	4.5%	6%

South Dakota Income Tax

State	Income Tax (Low)	Income Tax (High)
South Dakota	0%	0%

Goods & Services

Item	Elkton	National avg.	Difference
Haircut	$24.32	$24.26	0.2%
Beauty Salon	$35.22	$45.56	22.7%
Toothpaste	$3.80	$3.70	2.7%
Shampoo	$1.29	$1.28	0.7%
Movie	$9.36	$12.13	22.9%
Bowling	$16.40	$18.00	8.9%

Groceries

Item	Elkton	National avg.	Difference
Ground Beef	$5.89	$5.84	0.8%
Fried Chicken	$1.41	$1.57	10.4%
Milk	$4.75	$4.67	1.7%
Potatoes	$4.63	$4.93	6.2%
Pizza	$10.64	$12.09	12.0%
Beer	$9.33	$10.41	10.4%

Health Care

Item	Elkton	National avg.	Difference
Optometrist	$135.10	$125.68	7.5%
Doctor	$177.33	$135.78	30.6%
Dentist	$108.21	$113.29	4.5%
Ibuprofen	$10.48	$10.65	1.7%
Lipitor	$357.08	$468.60	23.8%

Housing

Item	Elkton	National avg.	Difference
Home Price	$127,200.00	$184,700.00	31.1%
Avg. Mortgage Payment	$2,133.89	$2,346.69	9.1%
Apartment Rent	$675.00	$949.00	28.9%

Transportation

Item	Elkton	National avg.	Difference
Gasoline	$3.28	$3.46	5.3%
Tire Balancing	$49.42	$59.92	17.5%

Utilities

Item	Elkton	National avg.	Difference
All Electricity	$141.67	$193.99	27.0%
Phone	$194.04	$192.25	0.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Ward, SD	32	92	8.3%
Arco, MN	71	92	8.3%
Bushnell, SD	34	75	25.2%
Holland, MN	180	77	22.9%
Lake Benton, MN	638	79	21.0%
Elkton, SD	813	85	14.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Wilton, AL	813	86	13.6%
Cottondale, FL	813	83	16.8%
Tignall, GA	813	83	17.3%
Colfax, IN	813	88	12.2%
Castine, ME	813	152	52.0%
Elkton, SD	813	85	14.9%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Elkton, SD