๐Ÿ’ฐ COL Index: 90 โ€” Very Affordable

Salaries in Mitchell, SD

What every job actually pays โ€” cost-of-living adjusted

Updated: February 2026 ยท 27 occupations ยท BLS + Census data

Avg. Salary
$55,210
across 27 roles
COL-Adjusted Avg
$61,688
real purchasing power
Top Paying Role
Software Developer
$123,251
1BR Rent
$760
median monthly

Think you need a coastal tech salary to live well? Look at Mitchell, South Dakota. A software developer here pulls in $123,251, but with the city's cost of living at just 89.5 (that's 10.5% below the US average), their paycheck actually feels like $137,711. Thatโ€™s real power in a small town of 15,637.

That discount changes everything. The median household income is $56,374, which might sound modest, but your rent for a one-bedroom is just $760 a month. Youโ€™re not battling a 100+ COL index where every dollar gets squeezed. For the average job paying $55,210, the adjusted value is a much healthier $61,688. Itโ€™s a genuine bargain, especially if youโ€™re in healthcare, education, or a skilled tradeโ€”the sectors that keep this place humming. A registered nurse earns $83,358 here, a figure that would get swallowed whole in Minneapolis or Denver.

So, who thrives here? The economy runs on education, healthcare, and skilled labor. Mitchell is home to the famous Corn Palace, but its real anchors are the hospital system, the public school district, and a robust agricultural support network. The unemployment rate is a rock-bottom 2.2%, meaning if you have in-demand skills, youโ€™ve got leverage. My honest take? The wages for teachers and electricians, while COL-adjusted, still feel a bit tight for building serious wealth. But for a two-income family, especially with one partner in a top-tier field like software or accounting, the math is compelling.

The data below breaks down the top-paying jobs and shows you exactly where the money is. You might be surprised by who comes out ahead.

๐Ÿ† Top 5 Highest-Paying Jobs in Mitchell

Ranked by raw salary. See COL-adjusted figures in the full table below.

๐Ÿฅ‡ -3% vs national

Software Developer

$123,251
๐Ÿ’ก COL-Adjusted $137,711
โฑ Hourly $59.26/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿฅˆ -3% vs national

Accountant

$83,368
๐Ÿ’ก COL-Adjusted $93,149
โฑ Hourly $40.08/hr
๐Ÿ“ˆ Job Growth +3.0%
๐Ÿฅ‰ -3% vs national

Registered Nurse

$83,358
๐Ÿ’ก COL-Adjusted $93,137
โฑ Hourly $40.08/hr
๐Ÿ“ˆ Job Growth +6.0%
4๏ธโƒฃ -3% vs national

Elementary School Teacher

$61,664
๐Ÿ’ก COL-Adjusted $68,898
โฑ Hourly $29.65/hr
๐Ÿ“ˆ Job Growth +3.0%
5๏ธโƒฃ -3% vs national

Electrician

$59,611
๐Ÿ’ก COL-Adjusted $66,604
โฑ Hourly $28.66/hr
๐Ÿ“ˆ Job Growth +3.0%

๐Ÿ“‹ Complete Salary Guide โ€” All 27 Occupations in Mitchell

COL-Adjusted Salary = Raw salary divided by the cost of living index (90/100). Higher = more real purchasing power. This city's COL is below the US average.

# Occupation โ†• Raw Salary โ†•
1 Software Developer $123,251
2 Accountant $83,368
3 Registered Nurse $83,358
4 Elementary School Teacher $61,664
5 Electrician $59,611
6 Real Estate Agent $59,543
7 Heavy Truck Driver $51,417
8 Marketing Manager $48,424
9 Paralegal $48,424
10 Medical Assistant $48,424
11 Nursing Assistant (CNA) $48,424
12 Welder $48,424
13 Pharmacist $48,424
14 Project Manager $48,424
15 Police Officer $48,424
16 Graphic Designer $48,424
17 Data Analyst $48,424
18 Plumber $48,424
19 Carpenter $48,424
20 Physical Therapist $48,424
21 Human Resources Specialist $48,424
22 Financial Analyst $48,424
23 Construction Manager $48,424
24 HVAC Technician $48,424
25 Firefighter $48,424
26 Dental Hygienist $48,424
27 Web Developer $48,424

Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.

๐Ÿ™๏ธ Living Costs in Mitchell

๐Ÿ 
1BR Rent
$760/mo
๐Ÿก
2BR Rent
$950/mo
๐Ÿ˜๏ธ
Median Home
$266,000
๐Ÿ“‰
Unemployment
2.2%
๐Ÿ’ณ
Median Income
$56,374
๐ŸŽ“
College Educated
26%
๐Ÿšถ
Walk Score
30/100
๐Ÿ“Š
Cost of Living
90
Very Affordable

๐Ÿงฎ Can You Afford to Live in Mitchell?

Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in Mitchell. Enter your salary and see exactly how far your money goes.

โ“ Mitchell Salary FAQ

What is the average salary in Mitchell, SD?

โ–ผ
The average salary across 40 occupations in Mitchell, SD is $55,210 (2026). This is slightly above the median household income of $56,374. The city's cost of living index is 89.5, making salaries go further.

What jobs pay the most in Mitchell?

โ–ผ
The highest paying role in Mitchell, SD is Software Developer at $123,251 (2026). This is more than double the city's average salary of $55,210. Other high-paying roles likely include engineering and specialized tech positions.

Is Mitchell affordable on a Software Developer salary?

โ–ผ
Yes, a Software Developer salary of $123,251 is very affordable in Mitchell, SD. With a cost of living index of 89.5 (11% below U.S. average) and 1BR rent at $760/month, housing costs are only ~7.4% of the gross salary. This leaves substantial room for savings and discretionary spending.

How does Mitchell's cost of living affect my paycheck?

โ–ผ
Mitchell's cost of living index of 89.5 means your paycheck has 10.5% more purchasing power than the national average. For example, a $55,210 salary here feels like $61,000 nationally. The low 1BR rent of $760/month significantly reduces the portion of income spent on housing.

What salary do you need to live comfortably in Mitchell?

โ–ผ
A comfortable living salary in Mitchell, SD is approximately $56,374, matching the median household income. This covers the 1BR rent of $760/month (~16% of income) with room for other expenses, given the cost of living index of 89.5. For a more luxurious lifestyle, targeting the average salary of $55,210 or higher is advisable.

๐Ÿ“ Editor's Verdict: Is Mitchell Worth It?

Hereโ€™s my honest take: Mitchell, SD is a smart financial move if you play to its strengths. With a cost-of-living index of 89.5 and rent at just $760 a month, your paycheck stretches further than in most places. The average salary of $55,210 goes a long way here, but the real winner is techโ€”Software Developers earn an adjusted $137,711, making them the clear financial champions. Healthcare and trades do fine, but tech gets the golden ticket. If youโ€™re considering the move, my advice is simple: lock in a remote-friendly tech role or a local developer job before you pack. Donโ€™t come here hoping to find high-paying work on the ground; come here to make a high salary work for you. Mitchell isnโ€™t flashy, but for the right worker, itโ€™s a goldmine.

Explore Mitchell Further