Cost of Living in Wallace, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
75.9
100 = national avg
-24.1 vs national average
Living Wage (1 Adult)
$33,397
per year
Living Wage (Family of 4)
$78,937
per year
Cost Index by Category
Housing56.3
Food91.1
Transportation82.2
Healthcare92.9
Utilities85.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$825
per month
2 Bedroom
$1,083
per month
The overall cost of living index in Wallace is 75.9, which is 24.1% below the national average. Housing costs are below the national average at an index of 56.3. A single adult needs to earn approximately $33,397 per year to cover basic expenses.