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Metropolitan Statistical Area

Cost of living in the Rapid City Metro Area

3 counties across SD. Population: 151,064.

Avg. 1-bed rent
$848/mo
Avg. household income
$72,092/yr
Avg. home value
$274,548
Avg. monthly cost
$2,694/mo

Last updated May 22, 2026

Rent in the Rapid City Metro Area

Average rent across the Rapid City metro area, weighted by county population.

Studio
$761
per month
1 bedroom
$848
per month
2 bedroom
$1,110
per month
3 bedroom
$1,491
per month
4 bedroom
$1,783
per month

Source: HUD FMR + ACS (population-weighted metro average)

Income and earnings in the Rapid City Metro Area

Earnings data averaged across all 3 counties.

Household income
$72,092
per year
Individual earnings
$38,884
per year
Per capita
$40,240
per year

Source: ACS (population-weighted metro average)

Home values in the Rapid City Metro Area

Average home values and annual property tax across the metro.

Average home value
$274,548
Average annual property tax
$2,978

Source: ACS (population-weighted metro average)

Energy costs in the Rapid City Metro Area

Residential electricity and natural gas estimates.

Monthly electricity
$142
per month
Monthly gas
$58
per month
Annual total
$2,400
per year

Source: EIA (state averages applied per county, weighted)

All 3 counties in the Rapid City Metro Area

The Rapid City metro area includes 3 counties. Sorted by population.

Compare counties in the Rapid City Metro Area

Put two counties side by side to see how rent, taxes and everyday costs stack up across the metro.

Open comparison tool

Frequently asked questions about the Rapid City Metro Area

Common questions about cost of living in the metro area.

What is the cost of living in the Rapid City Metro Area?

The estimated average cost of living in the Rapid City metro area is approximately $2,694 per month for a single person. This is a population-weighted average across the 3 counties that make up the metro area.

What is the average rent in the Rapid City Metro Area?

The average one-bedroom rent across the Rapid City metro area is $848 per month, based on HUD Fair Market Rent data weighted by county population.

What is the cheapest county in the Rapid City Metro Area?

Meade County, SD is the most affordable county in the Rapid City metro area at approximately $2,663 per month for a single person.

What is the most expensive county in the Rapid City Metro Area?

Custer County, SD is the most expensive county in the Rapid City metro area at approximately $2,772 per month for a single person.

How many counties are in the Rapid City Metro Area?

The Rapid City metro area covers 3 counties. The five largest by population are Pennington County, Meade County, Custer County.

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About this data

All figures come from official U.S. government sources. Metro-area averages are population-weighted across constituent counties using Census ACS population estimates.