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Mitchell, SD

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
46
Very Affordable
Median Home Value
$182,000
National: $426,735
Median Rent
$754/mo
National: $1,527/mo
Household Income
$56,374
National: $84,532
Population
15,637
Purchasing Power
145
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
43 / 100
100 = national average
Rent Index
49 / 100
Overall Index
46
Very Affordable

Mitchell Mortgage Calculator

Pre-filled with the local median home value of $182,000 and South Dakota's property tax rate of 1.08%.

Salary & Purchasing Power

Median household income is $56,374 33% below the national average.

What $56,374 in Mitchell Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$185,054+228%
Los Angeles, CA$208,339+270%
Detroit, MI$49,021-13%

Property Tax in Mitchell, SD

Est. Annual Property Tax
$1,966
Monthly Impact
$164
Added to your mortgage
Effective Rate
1.08%
National avg: ~1.00%

South Dakota Tax Overview

Tax TypeSouth DakotaNational Avg
Property Tax Rate1.08%1.00%
Top Income Tax RateNo State Income Tax~5.0%
State Sales Tax6.11%~5.0%

Compare Mitchell to Another City

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Cost of Living Comparison

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Mitchell, SD
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Mitchell, SD: 43
Rent Prices
49
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR