Rapid City Metro Area, SD Cost of Living


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United States / South Dakota / Rapid City Metro Area / Counties / Cities / Zip Codes
How much do I need to live in Rapid City, South Dakota?
$5,250 / month
for a family, 2.8% less expensive than the national average A total of $63,000 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 Dak Metro Area, 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 Metro Area, SD

Housing costs in Rapid City?
A typical home costs $329,400, which is 2.6% less expensive than the national average of $338,100 and 22.9% more expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Rapid City costs $1,000 per month, which is 30.1% cheaper than the national average of $1,430 and 9.0% more than the state average of $910.

Can I afford Rapid City?
To live comfortably in Rapid City South Dak Metro Area, South Dakota, a minimum annual income of $63,000 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Rapid City?
Rapid City, SD Metro Area is known for its affordability, with a cost of living that is slightly below the national average. The cost of living in this area stands at 97.8 compared to the US average of 100. This makes it a great place to live if you are looking for affordable housing options. The median house value in this metro area is $329,400 which is lower than the national average of $338,100 making it an even better option for those on a budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRapid CitySouth DakotaUnited States
    Unlock89.3100.0
  100.1  Unlock100.0
    Unlock120.8100.0
  93.1  Unlock100.0
    Unlock$268,000$338,100
  93.9  Unlock100.0
    Unlock71.2100.0
  89.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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