Cost of Living in Ipswich, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
105.4
100 = national avg
+5.4 vs national average
Living Wage (1 Adult)
$46,398
per year
Living Wage (Family of 4)
$109,668
per year
Cost Index by Category
Housing89.5
Food110.5
Transportation121.0
Healthcare108.4
Utilities104.2
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 Ipswich is 105.4, which is 5.4% above the national average. Housing costs are below the national average at an index of 89.5. A single adult needs to earn approximately $46,398 per year to cover basic expenses.