Cost of Living in Raymond, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
70.2
100 = national avg
-29.8 vs national average
Living Wage (1 Adult)
$30,908
per year
Living Wage (Family of 4)
$73,056
per year
Cost Index by Category
Housing25.2
Food86.3
Transportation140.1
Healthcare89.0
Utilities76.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$847
per month
2 Bedroom
$929
per month
The overall cost of living index in Raymond is 70.2, which is 29.8% below the national average. Housing costs are below the national average at an index of 25.2. A single adult needs to earn approximately $30,908 per year to cover basic expenses.