Cost of Living in Chamberlain, SD

With a cost of living index of 68, Chamberlain, SD is one of the most affordable cities in the country. Living here is 32% cheaper than the national average and 6% below the South Dakota state average of 74. Chamberlain is a small community of 2,621 residents.

Housing costs are the biggest factor in Chamberlain's cost of living. The median monthly rent is $682 (48% below the US median of $1,319), and the median home value sits at $195,300 (36% below the national median of $304,900). At current prices, the median home costs roughly 2.6x the median household income — well within traditional affordability guidelines.

The median household income in Chamberlain is $75,000, which is 0% higher than the national median of $75,149. Residents spend roughly 11% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Chamberlain. The area sees an average annual temperature of 48.2°F, with summers averaging 73°F and winters around 23°F. Annual rainfall totals 20.4 inches spread over roughly 100 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.