Cost of Living in Rapids City, IL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

132.1

100 = national avg

+32.1 vs national average

Living Wage (1 Adult)

$58,136

per year

Living Wage (Family of 4)

$137,413

per year

Cost Index by Category

Housing
140.3
Food
119.4
Transportation
138.7
Healthcare
115.5
Utilities
119.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$928

per month

2 Bedroom

$1,143

per month

The overall cost of living index in Rapids City is 132.1, which is 32.1% above the national average. Housing costs are above the national average at an index of 140.3. A single adult needs to earn approximately $58,136 per year to cover basic expenses.