Cost of Living in Springfield, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
87.6
100 = national avg
-12.4 vs national average
Living Wage (1 Adult)
$38,526
per year
Living Wage (Family of 4)
$91,061
per year
Cost Index by Category
Housing78.1
Food95.1
Transportation90.3
Healthcare96.1
Utilities92.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$762
per month
2 Bedroom
$929
per month
The overall cost of living index in Springfield is 87.6, which is 12.4% below the national average. Housing costs are below the national average at an index of 78.1. A single adult needs to earn approximately $38,526 per year to cover basic expenses.