Cost of Living in De Smet, SD

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

Cost of Living Overview

Overall Index

89.7

100 = national avg

-10.3 vs national average

Living Wage (1 Adult)

$39,449

per year

Living Wage (Family of 4)

$93,244

per year

Cost Index by Category

Housing
81.8
Food
96.0
Transportation
91.9
Healthcare
96.8
Utilities
93.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$725

per month

2 Bedroom

$951

per month

The overall cost of living index in De Smet is 89.7, which is 10.3% below the national average. Housing costs are below the national average at an index of 81.8. A single adult needs to earn approximately $39,449 per year to cover basic expenses.