South Dakota Cost of Living Calculator
Compare South Dakota cost of living (index: 92.6). Calculate equivalent salary needed when moving to or from South Dakota.
How This Calculator Works
Calculation methodology and assumptions
This calculator compares purchasing power between locations using cost of living indices. South Dakota's cost of living index is 92.6 (100 = national average). The equivalent salary is calculated as: Current Salary × (Target COL / Current COL). Tax differences are also factored in to show the net financial impact of relocating.
Key State Information
South Dakota cost of living index: 92.6. South Dakota is close to the national average in overall cost. South Dakota's lack of state income tax provides additional savings for residents. Median household income: $63,920. Median 2BR rent: $860/month.
Frequently Asked Questions
What is the cost of living in South Dakota?
South Dakota's cost of living index is 92.6, where 100 is the national average. This means living in South Dakota costs about 7% less than the national average.
Is South Dakota expensive to live in?
South Dakota has a moderate cost of living, close to the national average. Median home price: $270,000.
How much do I need to earn in South Dakota to live comfortably?
Based on a cost of living index of 92.6 and the 50-30-20 budgeting rule, a comfortable salary in South Dakota would be approximately $31,854/year for a single person renting a 2BR apartment.
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