Cost of Living in Altamont, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
112.0
100 = national avg
+12.0 vs national average
Living Wage (1 Adult)
$49,278
per year
Living Wage (Family of 4)
$116,475
per year
Cost Index by Category
Housing131.7
Transportation67.6
Utilities109.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$708
per month
2 Bedroom
$929
per month
The overall cost of living index in Altamont is 112.0, which is 12.0% above the national average. Housing costs are above the national average at an index of 131.7. A single adult needs to earn approximately $49,278 per year to cover basic expenses.