Cost of Living in Fairfax, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.1
100 = national avg
-11.9 vs national average
Living Wage (1 Adult)
$38,780
per year
Living Wage (Family of 4)
$91,662
per year
Cost Index by Category
Housing65.3
Food101.1
Transportation102.2
Healthcare100.9
Utilities93.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$749
per month
2 Bedroom
$929
per month
The overall cost of living index in Fairfax is 88.1, which is 11.9% below the national average. Housing costs are below the national average at an index of 65.3. A single adult needs to earn approximately $38,780 per year to cover basic expenses.