Cost of Living in Cherry Creek, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.9
100 = national avg
-17.1 vs national average
Living Wage (1 Adult)
$36,479
per year
Living Wage (Family of 4)
$86,224
per year
Cost Index by Category
Housing95.4
Food82.7
Transportation65.4
Healthcare86.2
Utilities88.7
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 Cherry Creek is 82.9, which is 17.1% below the national average. Housing costs are below the national average at an index of 95.4. A single adult needs to earn approximately $36,479 per year to cover basic expenses.