South Dakota · Census, HUD and BEA figures · Updated

Cost of Living in Fall River County, SD

Prices around Fall River County, SD run 11.4% below the U.S. average (BEA, South Dakota). The typical household there earns $67,917 a year, and HUD puts a two-bedroom at $1,152 a month. Keeping that rent under 30% of income takes about $46,080 a year.

Fall River County, SD at a glance

Median household income

$67,917$5,660 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,152HUD FY2026 Fair Market Rent
Price level (U.S. = 100)88.6-11.4% · BEA, South Dakota
Electricity15.4¢per kWh · EIA Residential SD
Population7,258Census ACS 5-year estimate

How much rent can you afford in Fall River County, SD?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,152Monthly market rent
Share of gross income20.4%Recommended max: 30%
Annual income needed$46,080To meet the 30% standard
Max affordable rent$1,698At 30% of $67,917
0%30% (Affordability standard)100%
Compare against:

How much is rent in Fall River County, SD? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Fall River County, SD, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Fall River County, SD, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$794$9,528$31,76014%
1-Bedroom Apartment$878$10,536$35,12015.5%
2-Bedroom ApartmentBenchmark$1,152$13,824$46,08020.4%
3-Bedroom Home$1,381$16,572$55,24024.4%
4-Bedroom Home$1,783$21,396$71,32031.5%

Rent in Fall River County, SD, with the wage each unit needs →

What a typical income covers in Fall River County, SD

The 50/30/20 rule applied to the local median of $67,917 a year ($5,660 a month before tax).

Needs (50%)$2,830/moRent ($1,152 2-BR), utilities (~$138/mo), groceries, transit
Wants (30%)$1,698/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,132/moEmergency fund, retirement, paying down loans

What $67,917 leaves after South Dakota taxes

Federal income tax, Social Security, Medicare and South Dakota tax on the local median income. Change the salary to see yours.

$67,917
$25,000$140,000
Filing status:
Gross salary breakdown$67,917
Net 83%
Fed 9%
FICA 8%
Annual take-home$56,610After all taxes
Monthly deposit$4,717Estimated per month
Biweekly paycheck$2,177Every 2 weeks (26/yr)
Effective tax rate16.7%Total tax burden
Federal income tax$6,112 / yr
South Dakota state income taxNo state wage tax$0
FICA (Social Security & Medicare)$5,196 / yr

Living in Fall River County, SD: common questions

What is the median household income in Fall River County, SD?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Fall River County, SD is $67,917 per year (approximately $5,660 per month).

What is the average rent in Fall River County, SD?

The closest official figure is HUD's Fair Market Rent for 2026: $794 for a studio, $878 for one bedroom, $1,152 for two, $1,381 for three and $1,783 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Fall River County, SD expensive to live in?

Prices there run 11.4% below the U.S. average. BEA's regional price parity for South Dakota is 88.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Fall River County, SD?

To keep a $1,152 two-bedroom under 30% of gross income, a household needs about $46,080 a year, or $3,840 a month. That is 68% of what the typical household in Fall River County, SD earns.

How much do you need to live comfortably in Fall River County, SD?

On the local median income of $67,917 ($5,660 a month before tax), the 50/30/20 rule leaves $2,830 a month for needs like rent, utilities and groceries, $1,698 for everything else and $1,132 for savings or debt. A two-bedroom at $1,152 takes 41% of the needs share.

How much is the electric bill in Fall River County, SD?

Homes in South Dakota paid 15.4¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $138. Your bill depends mostly on heating and cooling.