Cost of Living in Stratford, SD

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

Cost of Living Overview

Overall Index

83.1

100 = national avg

-16.9 vs national average

Living Wage (1 Adult)

$36,585

per year

Living Wage (Family of 4)

$86,474

per year

Cost Index by Category

Housing
41.4
Food
106.4
Transportation
107.3
Healthcare
105.1
Utilities
92.1

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 Stratford is 83.1, which is 16.9% below the national average. Housing costs are below the national average at an index of 41.4. A single adult needs to earn approximately $36,585 per year to cover basic expenses.