Cost of Living in Rapid Valley, SD

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3%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
5%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Rapid Valley South Dakota National
Cost of living9792100
Groceries10099100
Health care9897100
Housing9577100
Transportation9896100
Utilities102103100
Lifestyle & Entertainment9694100
Household Items9796100
Education & Childcare9898100
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Homes For Sale In Rapid Valley, SD

property for sale

1279 Pennington St

Rapid City, SD
property for sale

4904 Glen St

Rapid City, SD
property for sale

5603 Crystalline Hills DR

Rapid City, SD
property for sale

22975 Morninglight Dr

Rapid City, SD

Cost Of Living Quick Facts

  • The cost of living in Rapid Valley is 7% higher than the South Dakota average
  • The cost of living in Rapid Valley is 3% lower than the national average
  • Rapid Valley housing is 5% lower than the national average
  • South Dakota general sales tax is 12% lower than the national average
  • South Dakota state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Rapid Valley

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$94,922$7,910$2,215$2,848
      Renters$0$0$0$0
      A good indicator of the general affordability of housing in Rapid Valley, SD, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Rapid Valley, the median monthly income is $94,922 for those who own their own homes. Under the standard rule, that income level would allow for $2,215 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $0, per the median income in the area. That would allow for renters to spend up to $0 on monthly rental expenses.

      South Dakota Sales Tax

      State General Sales Tax With Max Surtax
      South Dakota 4.5% 6%

      South Dakota Income Tax

      State Income Tax (Low) Income Tax (High)
      South Dakota 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Caputa, SD0991.3%
      New Underwood, SD7799010.2%
      Keystone, SD561909.6%
      Ashland Heights, SD1,118954.9%
      Rapid City, SD79,549991.0%
      Rapid Valley, SD8,750972.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Signal Mountain, TN8,74912524.9%
      Conover, NC8,748946.0%
      Cumberland Hill, RI8,75211615.7%
      Frostburg, MD8,7478911.2%
      Sanger, TX8,7471000.1%
      Rapid Valley, SD8,750972.5%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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