Cost of Living in Canton, SD
Population 3,060 · South Dakota · Data vintage 2023
(100 = US avg)
Housing costs in Canton stay well under national norms: a median home value of $191,000 against median household incomes of $65,500 gives the city one of the more comfortable price-to-income ratios in South Dakota. The labor market has been unusually tight, with unemployment around 2.9% — below most comparable cities in the state.
Canton sits roughly 20 miles southeast of Sioux Falls — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 30% lower than Sioux Falls' $271,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Canton
The median home value in Canton is $191,000 — 37% below the national median of $305,000. Median rent runs $693/month, 47% lower than the national median of $1,314/month. The median household income of $65,500/year is 12% lower than the US median of $74,580. The local unemployment rate is 2.9%, below the national average of 4.8%. South Dakota charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 58.0°F and lows of 36.6°F, with about 45.3" of annual snowfall. Overall, Canton has a cost of living index of 59 versus the US average of 100, meaning it is 41% less expensive.
Canton has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 27 | 32 | 45 | 59 | 71 | 81 | 85 | 83 | 76 | 61 | 45 | 32 |
| Low °F | 9 | 13 | 24 | 36 | 48 | 59 | 63 | 61 | 52 | 38 | 25 | 13 |
| Precip" | 0.60 | 0.83 | 1.60 | 3.00 | 3.86 | 4.23 | 3.25 | 3.34 | 2.73 | 2.36 | 1.22 | 0.83 |
| Snow" | 8.0 | 8.6 | 7.2 | 5.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 1.4 | 6.2 | 8.7 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Canton, SD?
Canton has a cost index of 59 (100 = national average). It is 41% below the national average.
What is average rent in Canton, SD?
The median gross rent in Canton is $693 per month based on 2023 Census data.
What is the average home price in Canton?
The median home value in Canton is $191,000 according to Zillow and Census data.
What is the median income in Canton?
The median household income in Canton is $65,500 per year (2023 ACS 5-year estimates).
What is the sales tax in Canton, SD?
The combined state and local sales tax rate in Canton is 6.1%. South Dakota has no state income tax.
Is Canton, SD affordable?
Yes, Canton is generally considered affordable, with a cost of living index of 59 — about 41% below the US national average of 100.
What is the weather like in Canton?
Canton has average high temperatures of 58.0°F and average lows of 36.6°F. Annual precipitation is 27.9". Average annual snowfall is 45.3". Data from NOAA 1991–2020 Climate Normals.
Canton at a Glance
- Population
- 3,060
- Median Income
- $65,500
- Home Value
- $191,000
- Median Rent
- $693/mo
- Unemployment
- 2.9%
- Avg High Temp
- 58.0°F
- Sales Tax
- 6.1%
Nearby Cities
Explore county-level cost of living data
South Dakota Rankings
Similar Cost Cities
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