Rapid Valley, SD Cost Of Living
Rapid Valley's Overall Cost Of Living
Lower Than The National Average
In South Dakota
In America
What is the cost of living in Rapid Valley, SD?
According to the most recent data on the cost of living, Rapid Valley has an overall cost of living index of 93 which is 0.9x lower than the national index of 100.
Compared to only South Dakota, Rapid Valley has a cost of living index that's 1.0x higher than South Dakota's index of 91.
The standard of living in Rapid Valley ranks as #2,137 most affordable out of the 6,418 places we measured in South Dakota. By definition, that implies Rapid Valley ranks as the #4,282 most expensive place in the Mount Rushmore State.
Rapid Valley Cost Of Living Vs. South Dakota
| Living Expense | Rapid Valley | South Dakota | National Average | |
|---|---|---|---|---|
| Overall | 93 | 91 | 100 | |
| Services | 93 | 94 | 100 | |
| Groceries | 99 | 97 | 100 | |
| Health | 99 | 96 | 100 | |
| Housing | 87 | 79 | 100 | |
| Transportation | 91 | 93 | 100 | |
| Utilities | 91 | 88 | 100 | |
Rapid Valley, SD Housing Cost Breakdown
Housing swings affordability the most between places in South Dakota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | Rapid Valley | South Dakota | United States |
|---|---|---|---|
| Median Home Value | $163,400 | $174,600 | $229,800 |
| Median Rent | $1,051 | $761 | $1,096 |
| Median Income | $64,564 | $59,896 | $64,994 |
| Home Value To Income | 2.5x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.15x | 0.2x |
Detailed Rapid Valley Services Costs Vs. South Dakota
| Item | Rapid Valley | South Dakota |
|---|---|---|
| Shampoo | $1.17 | $1.06 |
| Movie | $9.0 | $10.68 |
| Bowling | $12.0 | $14.67 |
Detailed Rapid Valley Groceries Costs Vs. South Dakota
| Item | Rapid Valley | South Dakota |
|---|---|---|
| Ground Beef | $3.94 | $4.22 |
| Fried Chicken | $1.34 | $1.39 |
| Milk | $2.02 | $2.05 |
Detailed Rapid Valley Health Costs Vs. South Dakota
| Item | Rapid Valley | South Dakota |
|---|---|---|
| Haircut | $15.74 | $18.62 |
| Beauty Salon | $23.63 | $39.05 |
| Toothpaste | $2.17 | $2.34 |
Detailed Rapid Valley Transportation Costs Vs. South Dakota
| Item | Rapid Valley | South Dakota |
|---|---|---|
| Potatoes | $2.6 | $3.29 |
| Pizza | $11.2 | $10.62 |
| Beer | $9.52 | $9.38 |
| Optometrist | $174.08 | $108.57 |
| Doctor | $118.42 | $116.17 |
| Dentist | $77.12 | $99.13 |
Detailed Rapid Valley Utilities Costs Vs. South Dakota
| Item | Rapid Valley | South Dakota |
|---|---|---|
| Gasoline | $2.1 | $2.22 |
| Tire Balancing | $42.58 | $50.07 |
| All Electricity | $134.29 | $167.67 |
| Phone | $187.6 | $175.64 |
Rapid Valley SnackAbility
/10
Cost Of Living In Cities Around Rapid Valley
| City | Population | Cost Of Living | Vs. Rapid Valley |
|---|---|---|---|
| Spearfish, SD | 11,702 | 99 | 1.1x |
| Box Elder, SD | 9,937 | 88 | 0.9x |
| Sturgis, SD | 6,914 | 87 | 0.9x |
