Cost of Living in Lake Poinsett, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
176.2
100 = national avg
+76.2 vs national average
Living Wage (1 Adult)
$77,544
per year
Living Wage (Family of 4)
$183,286
per year
Cost Index by Category
Housing241.5
Food127.3
Transportation151.8
Healthcare121.8
Utilities144.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$781
per month
2 Bedroom
$953
per month
The overall cost of living index in Lake Poinsett is 176.2, which is 76.2% above the national average. Housing costs are above the national average at an index of 241.5. A single adult needs to earn approximately $77,544 per year to cover basic expenses.