Rapid Valley, SD Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-07
93
Rapid Valley's Overall Cost Of Living
0.9x
Lower Than The National Average
12 out of 19
In South Dakota
2,137 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Rapid Valley is expensive, while a number below 100 means it's a relatively cheap place to live.

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.

For more reading on life in Rapid Valley, check out:

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
For more reading on cost of living around South Dakota, check out:
Rapid Valley Cost of Living Vs. SD

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.

$163,400
Median Home Value
$1,051
Median Rent
$64,564
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

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8
Affordability
8
Diversity
6
Safety
N/A
Amenities
8
Education
7
Commute
9

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

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