Rapid City, SD Cost of Living


31 Reviews



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How much do I need to live in Rapid City, South Dakota?
$4,680 / month
for a family, 13.3% less expensive than the national average A total of $56,160 for the year for a family.
$2,533 / month
for a single person, 46.9% less expensive than the national average A total of $30,400 for the year for a single person.

Rapid City cost of living score
97.8
Less expensive
2.2% lower
than the US average
9.5% higher
than the South Dakota average
Rapid City, South Dakota gets a BestPlaces Cost of Living score of 97.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.2% lower than the U.S. average and 9.5% lower than the average for South Dakota.

Rapid City, SD

Housing costs in Rapid City?
A typical home costs $292,500, which is 13.5% less expensive than the national average of $338,100 and 9.1% more expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Rapid City costs $1,010 per month, which is 29.4% cheaper than the national average of $1,430 and 9.9% more than the state average of $910.

Can I afford Rapid City?
To live comfortably in Rapid City, South Dakota, a minimum annual income of $56,160 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Rapid City?
Rapid City, South Dakota has a cost of living index rating slightly lower than that if the nation at 96 due mostly to low housing costs making up 34% - far below the national average 42%. Utility costs are also relatively low owing its favorable climate conditions allowing for cheaper sources of energy such as natural gas while still enjoying access to similar amenities found citywide from whatever municipality they call home. Transportation makes up approximately 9 percent and healthcare and groceries account for 7% each contributing towards lower overall living expenses when contrasted against many other U.S cities .
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRapid CitySouth DakotaUnited States
  97.889.3100.0
  100.197100
  147.0120.8100.0
  89.782.1100.0
  $292,500$268,000$338,100
  92.993.6100
  74.471.2100.0
  91.277.6100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Rapid City
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I have lived in this city for the last three and half years and I can't stand it!! Let me spell it out for you, but to be fair, let me give you the Pros first:  More

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Unless you made your pension out of state or already bought a home you can't afford to liver there. Rapid City is gray in winter.  More

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Over 3 years ago

I've lived in the city 5 years a loved  More

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