Cost of Living in Martin, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
75.9
100 = national avg
-24.1 vs national average
Living Wage (1 Adult)
$33,378
per year
Living Wage (Family of 4)
$78,893
per year
Cost Index by Category
Housing63.8
Food87.9
Transportation75.8
Healthcare90.3
Utilities85.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$901
per month
2 Bedroom
$1,182
per month
The overall cost of living index in Martin is 75.9, which is 24.1% below the national average. Housing costs are below the national average at an index of 63.8. A single adult needs to earn approximately $33,378 per year to cover basic expenses.