Salary & Cost of Living in Aberdeen, SD
Aberdeen, SD: $50,000 median salary, cost of living index 88, $11.50/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$50,000
$24/hr
Cost of Living
88
US avg = 100
Minimum Wage
$11.50
per hour
Unemployment
2%
rate
Aberdeen, SD Overview
Population
28,324
Median Salary
$50,000
Average Salary
$55,000
Avg Commute
14 min
Median Home Price
$200,000
Median Rent
$850/mo
Job Growth
+1%
Sales Tax
6.5%
Aberdeen is located in South Dakota with a population of 28,324. The median household salary is $50,000 per year ($24/hour), which is $9,384 below the national median of $59,384. The average commute time is 14 minutes, and the city has a job growth rate of +1%.
Aberdeen Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Aberdeen, SD, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$42,214
$3,517.79/month · $1,623.60/biweekly · Effective Rate: 15.6%
Gross Pay
$50,000
Federal Tax
-$3,962
State Tax
$0
Local Tax
$0
FICA
-$3,825
Net Pay
$42,214
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,166.67 | $50,000.00 |
| Federal Income Tax | -$330.13 | -$3,961.50 |
| South Dakota State Tax (0%) | $0.00 | $0.00 |
| Social Security (6.2%) | -$258.33 | -$3,100.00 |
| Medicare (1.45%) | -$60.42 | -$725.00 |
| Net Take-Home Pay | $3,517.79 | $42,213.50 |
Salary Comparison: Aberdeen vs Other Cities
See how Aberdeen's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Aberdeen, SD | $50,000 | 88 | $56,818 |
| National Average | $59,384 | 100 | $59,384 |
| Modesto, CA | $50,000 | 100 | $50,000 |
| Moreno Valley, CA | $50,000 | 100 | $50,000 |
| Salinas, CA | $50,000 | 110 | $45,455 |
| Lakeland, FL | $50,000 | 92 | $54,348 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Aberdeen
Aberdeen's cost of living index is 88 (national average = 100). Living in Aberdeen is 12% less expensive than the national average.
Median Home Price
$200,000
Median Monthly Rent
$850
Annual Rent Cost
$10,200
Your Salary's Purchasing Power
Your $42,214 annual take-home pay in Aberdeen has the purchasing power of approximately $47,970 in an average-cost US area. Your $50,000 salary stretches further here than in most US cities.
Top Industries in Aberdeen
Aberdeen's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $50,000.
Salary Tips for Aberdeen Workers
- Your salary goes further here. Aberdeen has a cost of living 12% below the national average. A salary of $50,000 here has the purchasing power of about $56,818 in an average-cost area.
- No state income tax advantage. South Dakota has no state income tax, which means more of your paycheck stays in your pocket. Invest the savings in a Roth IRA or 401(k) for long-term growth.
- Research top industries. Aberdeen's top industries include Healthcare, Manufacturing, Agriculture. Targeting roles in these sectors can help you earn above the $50,000 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Aberdeen, SD?
The median salary in Aberdeen, SD is $50,000 per year, or $24 per hour. The average salary is $55,000. This is $9,384 below the national median of $59,384.
What is the cost of living in Aberdeen, SD?
Aberdeen's cost of living index is 88 (national average = 100), meaning it is 12% less expensive compared to the national average. The median home price is $200,000 and the median monthly rent is $850.
What are the best industries in Aberdeen?
The top industries in Aberdeen, SD include Healthcare, Manufacturing, Agriculture. The city has a job growth rate of 1% and an unemployment rate of 2%. Workers in these industries often earn above the city's median salary of $50,000.
How does Aberdeen's salary compare to other cities?
Aberdeen's median salary of $50,000 is 15.8% below the national median of $59,384. However, when adjusted for cost of living (index: 88), the real purchasing power is approximately $56,818.
What is the minimum wage in Aberdeen, SD?
The minimum wage in Aberdeen, SD is $11.50 per hour. This equals approximately $23,920 per year for a full-time worker (40 hours/week). This is $4.25 above the federal minimum wage of $7.25/hour.