Cost of Living in Frederick, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
97.4
100 = national avg
-2.6 vs national average
Living Wage (1 Adult)
$42,859
per year
Living Wage (Family of 4)
$101,302
per year
Cost Index by Category
Housing64.2
Food112.0
Transportation123.9
Healthcare109.6
Utilities100.0
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 Frederick is 97.4, which is 2.6% below the national average. Housing costs are below the national average at an index of 64.2. A single adult needs to earn approximately $42,859 per year to cover basic expenses.