Cost of Living in Vermillion, SD
Population 11,800 · South Dakota · Data vintage 2023
(100 = US avg)
Vermillion is a smaller South Dakota community of around 12000 residents, where median household incomes of $52,815 and housing costs ($210,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 10.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Geographically, Vermillion is about 55 miles south of Sioux Falls, the nearest large metro. Median home values run roughly 23% lower than Sioux Falls' $271,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Vermillion
The median home value in Vermillion is $210,200 — 31% below the national median of $305,000. Median rent runs $728/month, 45% lower than the national median of $1,314/month. The median household income of $52,815/year is 29% lower than the US median of $74,580. The local unemployment rate is 10.3%, above the national average of 4.8%. South Dakota charges no state income tax, a meaningful advantage for take-home pay. Overall, Vermillion has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.
🏠 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Vermillion, SD?
Vermillion has a cost index of 64 (100 = national average). It is 36% below the national average.
What is average rent in Vermillion, SD?
The median gross rent in Vermillion is $728 per month based on 2023 Census data.
What is the average home price in Vermillion?
The median home value in Vermillion is $210,200 according to Zillow and Census data.
What is the median income in Vermillion?
The median household income in Vermillion is $52,815 per year (2023 ACS 5-year estimates).
What is the sales tax in Vermillion, SD?
The combined state and local sales tax rate in Vermillion is 6.1%. South Dakota has no state income tax.
Is Vermillion, SD affordable?
Yes, Vermillion is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.
Vermillion at a Glance
- Population
- 11,800
- Median Income
- $52,815
- Home Value
- $210,200
- Median Rent
- $728/mo
- Unemployment
- 10.3%
- Sales Tax
- 6.1%
Nearby Cities
Explore county-level cost of living data
South Dakota Rankings
Similar Cost Cities
Cities in other states with comparable housing costs