Cost of Living in Warner, SD

With a cost of living index of 84, Warner, SD is a very affordable place to live. Living here is 16% cheaper than the national average and 9% above the South Dakota state average of 74. Warner is a small community of 494 residents.

Housing costs are the biggest factor in Warner's cost of living. The median monthly rent is $1,094 (17% below the US median of $1,319), and the median home value sits at $231,600 (24% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.

The median household income in Warner is $114,375, which is 52% 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.

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.