Cost of Living in Summerset, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
154.2
100 = national avg
+54.2 vs national average
Living Wage (1 Adult)
$67,846
per year
Living Wage (Family of 4)
$160,363
per year
Cost Index by Category
Housing155.0
Food138.0
Transportation176.1
Healthcare130.4
Utilities133.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$970
per month
2 Bedroom
$1,273
per month
The overall cost of living index in Summerset is 154.2, which is 54.2% above the national average. Housing costs are above the national average at an index of 155.0. A single adult needs to earn approximately $67,846 per year to cover basic expenses.