Small City74,703 people

Rapid City, SD

Discover how far your salary goes in Rapid City. Compare taxes, rent, and living costs.

Cost Index
92
Below Average
Population

74,703

State Tax

None! 🎉

1BR Rent

$1,120

/month

vs National

-20%

below avg

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Rent Prices in Rapid City

🏠

Studio

$896

/month

$10,752/year

Most Common
🛏️

1 Bedroom

$1,120

/month

$13,440/year

🏡

2 Bedroom

$1,512

/month

$18,144/year

🏘️

3 Bedroom

$1,960

/month

$23,520/year

Taxes in South Dakota

State Income Tax

South Dakota

0%
🎉

No State Income Tax!

South Dakota doesn't tax wages—keep more of every paycheck.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Rapid City, SD?

Rapid City has a cost of living index of 92, which is 8% below the national average. A 1-bedroom apartment costs around $1,120/month.

What is the state income tax in South Dakota?

South Dakota has no state income tax! This can save you thousands of dollars per year compared to states with income tax.

How much is rent in Rapid City?

The median rent for a 1-bedroom apartment in Rapid City is $1,120/month. For a 2-bedroom, expect to pay around $1,512/month. This is 20% below the national average.

Is Rapid City a good place to live?

Rapid City is a small city with a population of 74,703. The cost of living is below average, making it more affordable than average for the US. A major advantage is zero state income tax.

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