Cost of Living in Wallace, SD

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26%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
77%
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 Wallace South Dakota National
Cost of living7492100
Groceries9899100
Health care9597100
Housing2377100
Transportation9396100
Utilities104103100
Lifestyle & Entertainment9394100
Household Items9596100
Education & Childcare9898100
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Cost Of Living Quick Facts

  • The cost of living in Wallace is 19% lower than the South Dakota average
  • The cost of living in Wallace is 26% lower than the national average
  • Wallace housing is 77% 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 Wallace

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Compare Wallace, SD Cost of Living

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      Cost of living index
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      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$91,832$7,653$2,143$2,755
      Renters$0$0$0$0

      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.
      Lily, SD31000.3%
      Butler, SD131000.3%
      Crocker, SD26963.5%
      Bradley, SD71963.5%
      Garden City, SD977228.1%
      Wallace, SD707425.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Ekwok, AK70981.7%
      Union Grove, AL70936.9%
      Anthonyville, AR708119.3%
      Datto, AR70945.6%
      Jericho, AR70927.7%
      Wallace, SD707425.5%
      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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