Cost of Living in Wakpala, SD

With a cost of living index of 70, Wakpala, SD is one of the most affordable cities in the country. Living here is 30% cheaper than the national average and 5% below the South Dakota state average of 74. Wakpala is a small community of 159 residents.

The median household income in Wakpala is $22,500, which is 70% lower than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.