Cost of Living in Canova, SD

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

Cost of Living Overview

Overall Index

66.3

100 = national avg

-33.7 vs national average

Living Wage (1 Adult)

$29,167

per year

Living Wage (Family of 4)

$68,941

per year

Cost Index by Category

Housing
22.5
Food
94.3
Transportation
88.7
Healthcare
95.5
Utilities
81.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$708

per month

2 Bedroom

$929

per month

The overall cost of living index in Canova is 66.3, which is 33.7% below the national average. Housing costs are below the national average at an index of 22.5. A single adult needs to earn approximately $29,167 per year to cover basic expenses.