Cost of Living in Olivet, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
71.6
100 = national avg
-28.4 vs national average
Living Wage (1 Adult)
$31,525
per year
Living Wage (Family of 4)
$74,513
per year
Cost Index by Category
Housing34.1
Food95.5
Transportation91.1
Healthcare96.4
Utilities84.1
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 Olivet is 71.6, which is 28.4% below the national average. Housing costs are below the national average at an index of 34.1. A single adult needs to earn approximately $31,525 per year to cover basic expenses.