Cost of Living in Anderson, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
179.8
100 = national avg
+79.8 vs national average
Living Wage (1 Adult)
$79,109
per year
Living Wage (Family of 4)
$186,984
per year
Cost Index by Category
Housing208.9
Food159.8
Transportation127.9
Healthcare147.9
Utilities157.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$986
per month
2 Bedroom
$1,156
per month
The overall cost of living index in Anderson is 179.8, which is 79.8% above the national average. Housing costs are above the national average at an index of 208.9. A single adult needs to earn approximately $79,109 per year to cover basic expenses.