Cost of Living in Wakonda, SD

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

Cost of Living Overview

Overall Index

85.4

100 = national avg

-14.6 vs national average

Living Wage (1 Adult)

$37,571

per year

Living Wage (Family of 4)

$88,804

per year

Cost Index by Category

Housing
76.2
Food
93.5
Transportation
86.9
Healthcare
94.8
Utilities
91.3

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 Wakonda is 85.4, which is 14.6% below the national average. Housing costs are below the national average at an index of 76.2. A single adult needs to earn approximately $37,571 per year to cover basic expenses.