Financial Profile: South Dakota
Financial landscape, tax rates, cost of living, and median income scoring for South Dakota residents.
South Dakota at a Glance
Avg Salary
$52,000
Cost of Living
92
Top Tax Rate
None
Adjusted Income
$56,521
Monthly Take-Home
$3,647
Max Rent (30%)
$1,299
Financial Genome at Median Income
Scores calculated for someone earning $52,000/yr in South Dakota with typical expenses.
PPI
40
C
FPI
25
F
LRS
56
C+
REW
30
D
Living in South Dakota: Financial Overview
South Dakota has no state income tax, funded by sales taxes and property taxes.
- No state income tax
- Low cost of living
- Growing Sioux Falls
Major Cities
Sioux Falls, Rapid City, Aberdeen, Brookings
With a cost of living index of 92 (below the national average of 100), your dollar goes further in South Dakota. A $60,000 salary here has the purchasing power equivalent of $65,217 in an average-cost area.
Get Your South Dakota Score
See your personalized Financial Genome scores based on your actual income and expenses in South Dakota.
Calculate My Score