Cost of living in Hot Springs, South Dakota

Hot Springs, South Dakota has about 3,548 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $202,600.

HUD's fair-market rent for a 2-bedroom in Fall River County is $1,289 a month. That is the county number, not an apartment listing in Hot Springs. It runs from October 2026 through September 2027.

South Dakota's prices sit at 88.6 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.

South Dakota does not tax wages. A typical combined sales tax is 6.1% as of January 1, 2026. That mix is statewide, not Hot Springs's exact store tax.

In July 2026, a typical South Dakota home paid 15.37¢ per kilowatt-hour. That is a state average from EIA, not Hot Springs's bill.

EIA did not publish a 2025 all-grades gas price for South Dakota in the table we use.

Among 67 places we list in South Dakota with a rent figure, 29 have higher typical rent than Hot Springs.