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.
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 |
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.
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 |
Item | Rapid Valley | South Dakota |
---|---|---|
Shampoo | $1.17 | $1.06 |
Movie | $9.0 | $10.68 |
Bowling | $12.0 | $14.67 |
Item | Rapid Valley | South Dakota |
---|---|---|
Ground Beef | $3.94 | $4.22 |
Fried Chicken | $1.34 | $1.39 |
Milk | $2.02 | $2.05 |
Item | Rapid Valley | South Dakota |
---|---|---|
Haircut | $15.74 | $18.62 |
Beauty Salon | $23.63 | $39.05 |
Toothpaste | $2.17 | $2.34 |
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 |
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 |
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 |