A-
Overall 15%
Goods & Services 7%
Housing 36%
Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexBelle FourcheSouth DakotaNational
Cost of living8589100
Goods & Services9393100
Groceries9999100
Health care9797100
Housing6477100
Transportation9292100
Utilities9090100

Key findings

  • The cost of living in Belle Fourche is 4% lower than the South Dakota average
  • The cost of living in Belle Fourche is 15% lower than the national average
  • Belle Fourche housing is 36% lower than the national average
  • South Dakota general sales tax is 21% lower than the national average
  • South Dakota state income tax is 100% lower than the national average

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Compare Belle Fourche, SD Cost of Living

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$52,361$4,363$1,222$1,571
      Renters$20,283$1,690$473$609
      The affordability of the housing market in Belle Fourche, SD as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Belle Fourche homeowners, the median income is $52,361. This indicates that a monthly maximum of $1,222 should be spent by homeowners on all housing related costs. Renters have a median income of $20,283. This indicates that renters would have a maximum of $473 for their rent related monthly costs.

      South Dakota Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      South Dakota4%6%

      South Dakota Income Tax

      StateIncome Tax (Low)Income Tax (High)
      South Dakota0%0%

      Goods & Services

      ItemBelle FourcheNational avg.Difference
      Haircut $15.74$18.6215.5%
      Beauty Salon $23.63$39.0539.5%
      Toothpaste $2.17$2.347.2%
      Shampoo $1.17$1.0611.0%
      Movie $9.00$10.6815.8%
      Bowling $12.00$14.6718.2%

      Groceries

      ItemBelle FourcheNational avg.Difference
      Ground Beef $3.94$4.226.7%
      Fried Chicken $1.34$1.393.6%
      Milk $2.02$2.051.6%
      Potatoes $2.60$3.2920.8%
      Pizza $11.20$10.625.5%
      Beer $9.52$9.381.5%

      Health Care

      ItemBelle FourcheNational avg.Difference
      Optometrist $174.08$108.5760.3%
      Doctor $118.42$116.171.9%
      Dentist $77.12$99.1322.2%
      Ibuprofen $9.98$9.683.2%
      Lipitor $466.05$466.920.2%

      Housing

      ItemBelle FourcheNational avg.Difference
      Home Price $116,200.00$184,700.0037.1%
      Avg. Mortgage Payment $1,666.19$1,197.4239.1%
      Apartment Rent $628.00$949.0033.8%

      Transportation

      ItemBelle FourcheNational avg.Difference
      Gasoline $2.10$2.225.6%
      Tire Balancing $42.58$50.0714.9%

      Utilities

      ItemBelle FourcheNational avg.Difference
      All Electricity$134.29$167.6719.9%
      Phone $187.60$175.646.8%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Beulah, WY10399-1%
      St. Onge, SD3494-6%
      Fruitdale, SD5981-19%
      Whitewood, SD94886-14%
      North Spearfish, SD2,04698-2%
      Belle Fourche, SD5,69685-15%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Canutillo, TX5,69584-16%
      El Cerrito CDP, CA5,69914545%
      Forest, MS5,70079-21%
      Loudon, TN5,70180-20%
      Sinton, TX5,70184-16%
      Belle Fourche, SD5,69685-15%
      Source: The Belle Fourche, SD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.