South Dakota – Retirement Guide

South Dakota   Retirement Guide

Top Retirement Cities in South Dakota: 

Sioux Falls

South Dakota’s rugged landscape is one of the nation’s most spectacular. Home to Badlands National Park, Mount Rushmore and the Black Hills, as well as a rich history filled with characters like Sitting Bull, Lewis and Clark and Laura Ingalls Wilder, South Dakota offers ample opportunity for exploration. Retirees will never lack activities; golf, theaters, live musical performances, museums, festivals, historic monuments and national parks are found throughout the state.

The cost of living is low in South Dakota — 8 percent below the national average — and the state is also considered tax friendly to retirees, thanks to having no state income tax, which includes Social Security benefits and retirement income. Median housing prices are $157,000, though retirees should research towns well before relocating to them, as many small South Dakota towns can be desolate.

South Dakota may seem wild and undeveloped, but retirees will find plenty of interesting retirement destinations. Artsy Hill City is a popular locations as well as larger towns like Sioux Falls or Rapid City, which lies in proximity to good health care, many senior centers, and national parks and monuments.

Pros: No state income tax, stunning natural landscape, many national parks and monuments
Con: Long, snowy winters

At a Glance
Best For: Outdoors lovers
Population: 824,082
Cost of Living: 8% lower than national average
Median Home Cost: $157,000
Unemployment: 4.3%
Top State Income Tax: No state income tax

South Dakota weather is typically blustery and frigid during its long winter, with a fair share of snowstorms and blizzards.

Top Retirement Cities in South Dakota:  Sioux Falls

Photo by chris favero via Flickr. All statistics were up to date as of publication. See these sources for the most current data.