Cost of living in Rosholt
Rosholt, located in South Dakota, offers a unique blend of small-town charm and affordability. Understanding the cost of living in Rosholt is crucial for anyone considering moving to or residing in this quaint town.
This guide provides a detailed breakdown of various expenses, including dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15.5 on average, with a range between $11.5 and $25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $66, with prices ranging from $60 to $80.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $10 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $8, imported beer $6 to $12, cappuccino $3 to $7, and Coke/Pepsi $2 to $4.
Grocery Prices
- Milk - Milk is priced between $0.79 and $1.32 per liter, averaging $1.03.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.93 and $6.61, with an average price of $3.94.
- Eggs (Dozen) - A dozen eggs range from $1.69 to $4, averaging $3.24.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.76 to $8.6 per kg, while oranges range from $3.31 to $13.23 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $2.2 and $8.82 per kg, and lettuce costs $1.5 to $2 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.77 and $1.06 per liter.
- Taxi Fares - Taxi fares start at $3.25, with a cost of $1.24 to $1.55 per km.
- Car Purchase - A new Volkswagen Golf costs between $32,500 and $36,165.86, while a Toyota Corolla ranges from $25,000 to $37,000.
Housing Costs
- Mortgage Interest Rate - The average mortgage interest rate is 6.48%, with rates ranging from 6% to 6.8%.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $150 and $304.98, averaging $217.79.
- Internet - Internet services range from $70 to $100, with an average cost of $75.89.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
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"Key Takeaways"
Rosholt offers a relatively affordable cost of living, especially in terms of dining and grocery prices.
Transportation costs are moderate, with reasonable fuel prices and taxi fares.
Housing costs are influenced by mortgage interest rates, which are currently around 6.48%.
Conclusion
In conclusion, Rosholt, SD, provides a cost-effective living environment with affordable dining and grocery options.
While transportation and utility costs are moderate, potential residents should consider the current mortgage interest rates when planning to purchase a home.
Overall, Rosholt is an attractive option for those seeking a balance between cost and quality of life.