Cost of Living in Spearfish, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
106.1
100 = national avg
+6.1 vs national average
Living Wage (1 Adult)
$46,701
per year
Living Wage (Family of 4)
$110,383
per year
Cost Index by Category
Housing127.0
Food95.7
Transportation91.3
Healthcare96.5
Utilities102.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$797
per month
2 Bedroom
$1,046
per month
The overall cost of living index in Spearfish is 106.1, which is 6.1% above the national average. Housing costs are above the national average at an index of 127.0. A single adult needs to earn approximately $46,701 per year to cover basic expenses.