Quick answer
Prices in Rapid City, SD were 10.8% below the US average in 2024 (Regional Price Parity 89.2, US = 100), with a housing-rent index of 72.6, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 89.160 |
| Goods | 95.473 |
| Housing (rents) | 72.552 |
| Utilities | 79.087 |
| Other services | 91.899 |
| — All items by year — | |
| 2024 | 89.160 |
| 2023 | 90.297 |
| 2022 | 90.637 |
| 2021 | 91.962 |
| 2020 | 94.169 |
| 2019 | 92.406 |
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Last updated 2026-10-16. Data only, not financial or tax advice.