Cost of Living in Farmer, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.4
100 = national avg
-21.6 vs national average
Living Wage (1 Adult)
$34,479
per year
Living Wage (Family of 4)
$81,495
per year
Cost Index by Category
Housing48.5
Food96.5
Transportation96.4
Healthcare97.2
Utilities87.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$824
per month
2 Bedroom
$929
per month
The overall cost of living index in Farmer is 78.4, which is 21.6% below the national average. Housing costs are below the national average at an index of 48.5. A single adult needs to earn approximately $34,479 per year to cover basic expenses.