Cost of Living in Parkston, SD

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

96.3

100 = national avg

-3.7 vs national average

Living Wage (1 Adult)

$42,376

per year

Living Wage (Family of 4)

$100,161

per year

Cost Index by Category

Housing
79.2
Food
104.5
Transportation
109.0
Healthcare
103.6
Utilities
98.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$708

per month

2 Bedroom

$929

per month

The overall cost of living index in Parkston is 96.3, which is 3.7% below the national average. Housing costs are below the national average at an index of 79.2. A single adult needs to earn approximately $42,376 per year to cover basic expenses.