Cost of Living in Castlewood, SD

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

Cost of Living Overview

Overall Index

115.5

100 = national avg

+15.5 vs national average

Living Wage (1 Adult)

$50,836

per year

Living Wage (Family of 4)

$120,158

per year

Cost Index by Category

Housing
107.3
Food
117.1
Transportation
118.3
Healthcare
113.7
Utilities
111.7

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 Castlewood is 115.5, which is 15.5% above the national average. Housing costs are above the national average at an index of 107.3. A single adult needs to earn approximately $50,836 per year to cover basic expenses.