Cost of Living in Nisland, SD

With a cost of living index of 67, Nisland, SD is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 8% below the South Dakota state average of 74. Nisland is a small community of 167 residents.

Housing costs are the biggest factor in Nisland's cost of living. The median monthly rent is $950 (28% below the US median of $1,319), and the median home value sits at $75,500 (75% 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 Nisland is $29,444, which is 61% lower than the national median of $75,149. Residents spend roughly 39% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Nisland. The area sees an average annual temperature of 41.1°F, with summers averaging 61°F and winters around 23°F. Annual rainfall totals 29.2 inches spread over roughly 149 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.