Cost of Living in Canton, SD

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

Cost of Living Overview

Overall Index

96.0

100 = national avg

-4.0 vs national average

Living Wage (1 Adult)

$42,232

per year

Living Wage (Family of 4)

$99,821

per year

Cost Index by Category

Housing
89.0
Food
100.1
Transportation
100.1
Healthcare
100.1
Utilities
97.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$986

per month

2 Bedroom

$1,156

per month

The overall cost of living index in Canton is 96.0, which is 4.0% below the national average. Housing costs are below the national average at an index of 89.0. A single adult needs to earn approximately $42,232 per year to cover basic expenses.