Cost of Living in Henry, SD

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

Cost of Living Overview

Overall Index

54.0

100 = national avg

-46.0 vs national average

Living Wage (1 Adult)

$23,739

per year

Living Wage (Family of 4)

$56,111

per year

Cost Index by Category

Housing
45.7
Food
70.8
Transportation
41.7
Healthcare
76.7
Utilities
71.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$825

per month

2 Bedroom

$1,083

per month

The overall cost of living index in Henry is 54.0, which is 46.0% below the national average. Housing costs are below the national average at an index of 45.7. A single adult needs to earn approximately $23,739 per year to cover basic expenses.