Cost of Living in Bancroft, SD
Population: 34 | South Dakota
Bancroft is 3% less expensive than the national average.
Cost of Living in Bancroft, SD: What You Need to Know
With a cost of living index of 97, Bancroft, SD is slightly more affordable than average. Living here is 3% cheaper than the national average and 22% above the South Dakota state average of 74. Bancroft is a small community of 34 residents.
The median household income in Bancroft is $133,750, which is 78% higher than the national median of $75,149.
Climate is another factor for anyone considering a move to Bancroft. The area sees an average annual temperature of 45.9°F, with summers averaging 71°F and winters around 19°F. Annual rainfall totals 23.3 inches spread over roughly 95 days. Cold winters mean higher heating bills, an important cost-of-living consideration.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $133,750
- vs US Median ($75,149)
- +78%
Housing
- Median Monthly Housing Cost
- $1,200/mo
Climate in Bancroft
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 26 | 31 | 44 | 58 | 70 | 80 | 86 | 83 | 76 | 60 | 44 | 30 |
| Avg °F | 16 | 21 | 33 | 46 | 58 | 68 | 74 | 71 | 63 | 48 | 33 | 21 |
| Low °F | 6 | 10 | 22 | 34 | 46 | 57 | 62 | 59 | 50 | 36 | 22 | 11 |
| Rain" | 0.6 | 0.8 | 1.2 | 2.5 | 3.2 | 3.9 | 2.8 | 2.6 | 2.4 | 2.0 | 0.8 | 0.7 |