Cost of Living in Hermosa, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.6
100 = national avg
-6.4 vs national average
Living Wage (1 Adult)
$41,179
per year
Living Wage (Family of 4)
$97,332
per year
Cost Index by Category
Housing105.1
Food90.7
Transportation81.3
Healthcare92.5
Utilities95.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$894
per month
2 Bedroom
$1,173
per month
The overall cost of living index in Hermosa is 93.6, which is 6.4% below the national average. Housing costs are above the national average at an index of 105.1. A single adult needs to earn approximately $41,179 per year to cover basic expenses.