Cost of Living in Vermillion, SD

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

Cost of Living Overview

Overall Index

90.7

100 = national avg

-9.3 vs national average

Living Wage (1 Adult)

$39,900

per year

Living Wage (Family of 4)

$94,308

per year

Cost Index by Category

Housing
98.0
Food
90.4
Transportation
80.7
Healthcare
92.3
Utilities
93.8

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 Vermillion is 90.7, which is 9.3% below the national average. Housing costs are below the national average at an index of 98.0. A single adult needs to earn approximately $39,900 per year to cover basic expenses.