Cost of Living in Timber Lake, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.7
100 = national avg
-21.3 vs national average
Living Wage (1 Adult)
$34,623
per year
Living Wage (Family of 4)
$81,835
per year
Cost Index by Category
Housing56.0
Food94.3
Transportation88.7
Healthcare95.5
Utilities87.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$832
per month
2 Bedroom
$929
per month
The overall cost of living index in Timber Lake is 78.7, which is 21.3% below the national average. Housing costs are below the national average at an index of 56.0. A single adult needs to earn approximately $34,623 per year to cover basic expenses.