Chancellor is located in South Dakota and has an overall cost of living that is -22% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Chancellor.

Housing: Median rent in Chancellor is $715.93 / month, and the median home price is $238,550. Housing costs are -55% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($3.93), milk ($4.55), and eggs ($4.49) reflect the local grocery landscape. Overall grocery costs are -4% vs the national average.

Healthcare: Medical costs include doctor visits ($159.52), dentist visits ($128.14), and prescription drugs ($23.09). These costs should be factored into your monthly budget when planning a move.

South Dakota has no state income tax, which means residents of Chancellor keep more of their earnings. This is especially beneficial for high-income earners and retirees.

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Chancellor, South Dakota Cost of Living FAQ

Common questions about living costs in Chancellor.

Chancellor, South Dakota has an overall cost of living that is -22% the national average. Housing costs are -55% vs the national average. Grocery prices are -4% vs average. Utilities are -16% vs average. This makes Chancellor a very affordable place to live.

The median rent in Chancellor, South Dakota is $715.93 / month. Average energy bills run $185.35 / month. Phone bills average $165.35 / month. Housing is typically the largest expense for residents.

Healthcare costs in Chancellor: doctor's visit averages $159.52, dentist visit averages $128.14, prescription drugs average $23.09. Overall healthcare expenses in the area are influenced by the -4% grocery cost difference.

Chancellor is one of 32 cities tracked in South Dakota. With an overall cost -22% vs the national average, it is more affordable than many other cities in the state. Visit our South Dakota state page to compare all cities side-by-side and find the best fit for your budget.

Chancellor offers cost of living -22% compared to the national average. Key factors to consider: median home price of $238,550, rent of $715.93 / month, and no state income tax in South Dakota. Explore our detailed cost breakdown above to see if Chancellor fits your budget.