Cost of Living in Ward, South Dakota
Ward is a town in Moody County, South Dakota, with a population of 58. The total cost of housing, food, child care, transportation, health care, taxes, and other necessities for a single adult in Ward is $34,078 a year — about the same as the annual cost of living for South Dakota of $33,761 yet less than the national figure of $38,433.
Using cost of living data from the nonprofift think tank Economic Policy Institute, 24/7 Wall St. estimated the cost of living in Ward and over 29,000 other cities and towns in the US.
Transportation Costs in Ward, South Dakota
Transportation can also be a significant component of cost of living. In Ward, 94.60% of commuters drive to work, compared to 85.5% of commuters nationwide. An estimated 94.60% of workers commute to jobs outside of Ward, a larger share than the 43.7% share of commuters nationwide who live and work in different cities. The average commute in Ward is 23.7 minutes long, compared to the 26.6-minute average commute nationwide. Taking into account the cost of gas, as well as public transit and car maintenance, the EPI estimates that a single person in Ward spends $12,178 a year on transportation, more than the national average of $9,760.
Health Care Costs in Ward, South Dakota
Out-of-pocket health care costs and insurance premiums — assuming at least a basic level of health insurance coverage — are far higher than they are on average nationwide in Ward but in line with what they are across South Dakota as a whole.
For a single adult living in the area, average health care costs come out to $5,147 per year, compared to an average of $5,176 across South Dakota and $4,266 nationwide.
Child care Costs in Ward, South Dakota
For families with children, child care adds thousands of dollars to overall annual spending. In Ward, the average annual cost of child care for two children — one 4 year old and one 8 year old — is $10,304, about $1,900 less than the comparable average of $12,215 across all of South Dakota. Meanwhile, across the U.S. as a whole, childcare expenses for two children averages $15,853 per year.
Food Costs in Ward, South Dakota
In Ward, a single adult spends an average of $3,164 on food annually, and a family of four spends $9,137 on average. For context, average annual food expenditure across South Dakota and the U.S., respectively, are $3,254 and $3,240 for a single adult, and $9,397 and $9,354 for a family of four. These estimates are calculated for a nutritionally adequate diet of food purchased at a grocery store for at-home preparation.
Taxes in Ward, South Dakota
Few expenses vary as much from city to city and town to town as taxes. Accounting for state and federal income taxes, as well as Social Security contributions and Medicare payroll taxes, the average adult working in Ward, South Dakota pays $4,885 annually — closely in line with the statewide average of $4,825.
It is important to note that these calculations do not include other common taxes such as property, sales, and excise taxes. Accounting for these taxes, while excluding taxes levied at the federal level, Ward residents live in a state with a low average tax burden. Per capita state tax collections in South Dakota total $2,174 per year, compared to the $3,151 average across all states.
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