Rapid City, SD Metropolitan Wage Intelligence
Data updated · Sources: BLS OEWS May 2025, HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology
Rapid City, SD has a cost-of-living index of 98.0 (2.0% below the national average), HUD fair market rent of $1,093 for a 1-bedroom unit, and a single-adult living wage of $21.66/hour. This dossier benchmarks 43 occupations against Rapid City, SD wage percentiles, led by Chief Executives at $301,420 median.
HUD Fair Market Rents & Family Expenditure Benchmarks
Official Fair Market Rent (FMR) levels established by the US Department of Housing and Urban Development (HUD) paired with living wage targets.
In the Rapid City, SD metropolitan statistical area, a single working adult needs an estimated $21.66/hour ($45,053/year) to cover basic expenditures, while two working adults supporting one child each need about $20.72/hour.
Sector & Industry Compensation Highlights
Breakdown of median earnings, workforce scale, and premier occupations across major economic sectors.
Comparative Occupation Salary Matrix
Localized median wages, hourly equivalents, national premium deltas, and purchasing power across all tracked careers.
| Occupation Title & Category | Metro Median Salary | Hourly Rate | vs National Avg | CoL Adjusted Real Wage | Explore |
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Peer Metropolitan Market Comparisons
Side-by-side BLS median wages, housing rent benchmarks, and municipal tax rates across key regional competitors.
Metropolitan Labor Economics & Frequently Asked Questions
What is the median salary in the Rapid City, SD metropolitan area in 2026?
The BLS median wage across all occupations in Rapid City, SD is $46,270 per year ($22.25/hour), −9.2% vs US (BLS OEWS May 2025).
What are the HUD Fair Market Rents in Rapid City, SD?
According to HUD Fair Market Rent (FMR) data, a 1-bedroom apartment in Rapid City, SD costs $1,093/month and a 2-bedroom $1,430/month. The metro's median wage covers annual 1BR rent 3.5x over.
What local municipal taxes apply to workers in Rapid City, SD?
Workers residing or performing services within Rapid City, SD are subject to no municipal income tax, in addition to statutory state income tax, federal income tax, and FICA withholdings.
What is the living wage required in Rapid City, SD for single adults and families?
Based on the EPI Family Budget Calculator, a single working adult in Rapid City, SD needs about $21.66/hour ($45,053/year) to cover basic expenses. Two working adults supporting one child each need about $20.72/hour, 86,195 a year for the household.
Metropolitan statistical area compensation intelligence, living wage requirements, and occupation distributions in Rapid City, SD. Official 2026 economic data for Rapid City, SD compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.