Cost of Living in Sisseton, SD
Population: 2,593 | South Dakota
Sisseton is 41% less expensive than the national average.
Cost of Living in Sisseton, SD: What You Need to Know
With a cost of living index of 59, Sisseton, SD is one of the most affordable cities in the country. Living here is 41% cheaper than the national average and 16% below the South Dakota state average of 74. Sisseton is a small community of 2,593 residents.
Housing costs are the biggest factor in Sisseton's cost of living. The median monthly rent is $600 (55% below the US median of $1,319), and the median home value sits at $111,900 (63% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.
The median household income in Sisseton is $44,477, which is 41% lower than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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
- $44,477
- vs US Median ($75,149)
- -41%
Housing
- Median Rent
- $600/mo
- Median Home Value
- $111,900
- Median Monthly Housing Cost
- $644/mo