Cost of Living in Goodwin, SD

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

Cost of Living Overview

Overall Index

81.0

100 = national avg

-19.0 vs national average

Living Wage (1 Adult)

$35,652

per year

Living Wage (Family of 4)

$84,269

per year

Cost Index by Category

Housing
68.3
Food
91.8
Transportation
83.7
Healthcare
93.5
Utilities
88.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$708

per month

2 Bedroom

$929

per month

The overall cost of living index in Goodwin is 81.0, which is 19.0% below the national average. Housing costs are below the national average at an index of 68.3. A single adult needs to earn approximately $35,652 per year to cover basic expenses.