Cost of Living in Mount Vernon, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
80.7
100 = national avg
-19.3 vs national average
Living Wage (1 Adult)
$35,488
per year
Living Wage (Family of 4)
$83,881
per year
Cost Index by Category
Housing60.4
Food94.7
Transportation89.5
Healthcare95.8
Utilities88.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$713
per month
2 Bedroom
$936
per month
The overall cost of living index in Mount Vernon is 80.7, which is 19.3% below the national average. Housing costs are below the national average at an index of 60.4. A single adult needs to earn approximately $35,488 per year to cover basic expenses.