Cost of Living in Pierre South Dakota in 2026

Pierre South Dakota Cost of Living: Quick Takeaways

• Housing Costs: Rent for one-bedroom apartments has risen steadily from $600 in 2010 to about $950 in 2025.
• Home Prices: Median home prices grew from $150,000 in 2010 to an estimated $270,000 in 2025 reflecting real estate appreciation.
• Transportation: Public transit is affordable at $1.50 one-way, fuel averages $3.40 per gallon, and annual vehicle maintenance is around $1,200.
• Utilities and Groceries: Monthly utilities average $188.51 while groceries per person cost approximately $250 a month, with dining out priced between $12.58 and $50.

Pierre, South Dakota offers a lower cost of living compared to national averages, making it an attractive place for residents seeking affordability.

This article provides a comprehensive breakdown of expenses including housing, transportation, utilities and more for the year 2025.

Housing Costs in Pierre South Dakota

Housing affordability is a key factor when considering living expenses. Here's a historical view of rent changes for a one-bedroom apartment in Pierre:

• 2010: $600
• 2015: $700
• 2020: $800
• 2024: $936
• 2025: $950

The steady increase in rental prices highlights an evolving housing market to keep pace with demand in the city.

Understanding real estate developments can be crucial for hospitality businesses considering expansion or relocation. For insights on market trends, see hospitality real estate market trends.

Homeownership and Real Estate Trends in Pierre South Dakota

Those aiming to buy property will see that median home prices have also appreciated significantly in recent years:

• 2010: $150,000
• 2015: $180,000
• 2020: $200,000
• 2024: $265,400
• 2025: $270,000

This upward trend reflects a stable real estate market with increasing property values over the past decade.

Transportation Expenses in Pierre South Dakota

Transportation costs include public transit fares, fuel costs and vehicle maintenance:

• Public Transit: $1.50 one-way fare and $50 monthly pass
• Fuel Costs: $3.40 per gallon on average
• Vehicle Maintenance: Approximately $1,200 annually

These expenses vary based on commuting habits but remain relatively affordable compared to larger urban centers.

Utility Costs in Pierre South Dakota

Monthly utility bills for a typical household generally include electricity and internet services:

• Electricity: $138.51 monthly
• Internet: $50.00 monthly
• Total Utilities: Approximately $188.51 monthly

Utility costs are reasonable and contribute to managing overall household expenses.

Grocery and Food Expenses in Pierre South Dakota

Groceries and dining options offer flexibility in budgeting:

• Groceries: Around $250 per person per month
• Casual Dining: Roughly $12.58 per meal
• Mid-Range Restaurant: Approximately $50 per meal

These costs suggest an accessible food market with choices to suit various budgets.

For hospitality employers, managing costs associated with food and labor is essential. Check out our guide on how to hire a restaurant manager to improve operations.

Healthcare Costs in Pierre South Dakota

Healthcare expenses involve insurance premiums and out-of-pocket costs:

• Employer-Sponsored Insurance: About $150 monthly per individual
• Silver Plan Health Insurance: Roughly $600 monthly

While costs can vary, these figures offer insight into typical healthcare spending in Pierre.

Educational Expenses in Pierre South Dakota

Education options vary from tuition-free public schooling to private and university fees:

• Public Schools: No direct tuition cost
• Private Schools: Average tuition around $8,000 per year
• In-State University: Tuition approximately $7,000 annually

These costs help families plan for educational needs across all levels.

Entertainment and Leisure in Pierre South Dakota

Recreational expenses contribute to quality of life with options such as:

• Movie Tickets: $9.75 each
• Gym Memberships: $40 per month
• Dining at Mid-Range Restaurants: $50 per meal

Annual entertainment and personal care spending amount to approximately $2,000 and $600 respectively, with an additional $500 for miscellaneous goods and services.

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Taxes and Miscellaneous Fees in Pierre South Dakota

Understanding tax rates is key for financial planning:

• State Income Tax: None (0%)
• Sales Tax: 6.5%
• Property Tax: Approximately 1.32%

These rates influence both residents' disposable income and business operations in the city.

Childcare and Family Expenses in Pierre South Dakota

Family-related costs include:

• Daycare: About $800 monthly
• After-School Programs: Roughly $300 monthly
• Extracurricular Activities: Around $100 monthly

Families should factor these into their budgeting for childcare and youth activities.

Clothing and Personal Care in Pierre South Dakota

Monthly personal expenses cover essentials such as clothing and grooming:

• Clothing: Approximately $100
• Personal Care Products and Services: Around $50

These amounts reflect typical spending but may fluctuate based on preferences.

Insurance Costs in Pierre South Dakota

Insurance is a critical financial component including:

• Health Insurance: About $600 monthly for a standard Silver plan
• Auto Insurance: Roughly $1,200 annually
• Homeowners Insurance: Around $1,000 annually
• Renters Insurance: Approximately $200 annually

Proper insurance coverage protects against unforeseen expenses and liabilities.

For hospitality employers, understanding insurance costs for restaurant owners is valuable to safeguard business operations.

Miscellaneous Expenses in Pierre South Dakota

Other living costs include:

• Entertainment: Estimated $2,000 annually
• Personal Care Services: Around $600 annually
• Miscellaneous Goods and Services: Approximately $500 annually

These expenses vary greatly depending on lifestyle choices.

Income and Salaries in Pierre South Dakota

Median household income has increased steadily:

• 2010: $60,000
• 2015: $65,000
• 2020: $70,000
• 2023: $74,053
• 2025: $75,000

This trend coincides with economic growth and improved living standards.

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Comparison with National Averages for Pierre South Dakota

Pierre’s cost of living is generally below national averages in many areas:

• Overall Cost: Approximately 10% lower than the national average
• Housing: About 9% less expensive
• Utilities: Roughly 21% cheaper
• Food: Around 4% lower
• Healthcare: Nearly 2% less
• Transportation: About 4% lower
• Goods and Services: Approximately 11% less costly

This affordability may appeal to individuals and families seeking cost-effective living options.

Our Methodology for Pierre Cost of Living Figures

To compile this comprehensive overview, we rely on credible sources including government databases, market analyses and trusted surveys such as Numbeo, Bureau of Labor Statistics, Zillow and others.

Some data points are estimates where precise figures are unavailable to provide a complete perspective on living costs.

Pierre South Dakota Cost of Living: Conclusion

The cost of living in Pierre in 2025 presents an appealing balance of affordability across housing, transportation, utilities and other expenses.

With household incomes rising steadily and overall costs generally below national averages, Pierre remains a viable option for those seeking economical living without sacrificing quality.

Understanding these financial details allows residents and potential movers to make informed decisions and plan effectively for life in South Dakota’s capital city.

For hospitality managers exploring career paths or hiring, explore comprehensive career guides such as the restaurant manager job description and bartender job description, to attract and retain the best talent.