Cost of Living: Rapid City vs Cheyenne (2026)

A one-bedroom apartment runs $1,150/mo in Cheyenne vs $1,200/mo in Rapid City โ€” a 4% difference.

  • 1BR rent: $1,150/mo in Cheyenne vs $1,200/mo โ€” 4% savings
  • Rapid City has 0% state income tax โ€” saves ~$3,300+/yr at a $75K salary
  • Higher median household income: Cheyenne ($60,000/yr vs $58,000/yr)
  • Median home price: $285,000 in Rapid City vs $330,000 โ€” 14% difference
Category
Rapid City
South Dakota
Cheyenne
Wyoming
๐Ÿ  HousingQ1 2026
Studio rent/mo$950$900Best
1BR rent/mo$1,200$1,150Best
2BR rent/mo$1,600$1,500Best
Median home price$285KBest$330K
๐Ÿ›’ Food & GroceriesQ1 2026
Groceries index (100 = US avg)96Best96
Budget meal (1 person)$12Best$12
Mid-range dinner (2)$52$50Best
๐ŸšŒ TransportationQ1 2026
Monthly transit pass/mo$40$35Best
Gas price/gal$3.10Best$3.30
Car insurance/mo$138Best$138
โšก UtilitiesQ1 2026
Monthly utilities bundle/mo$148Best$148
Internet/mo$65Best$68
๐Ÿ’ฐ Income & TaxesQ1 2026
Median household income/yr$58K$60KBest
State income tax%0.0%Best0.0%
Sales tax (combined)%6.4%5.3%Best
๐ŸŽฌ LeisureQ1 2026
Movie ticket$13.00Best$14.00
Gym membership/mo$33Best$33
Beer at restaurant$5.50Best$5.50
๐Ÿ“Š OverviewQ1 2026
Overall COL index (100 = US avg)88Best88
Walk score / 10022Best20

Frequently asked questions

What is the average rent in Rapid City vs Cheyenne?

As of Q1 2026, the median 1-bedroom rent in Rapid City is $1,200/month and in Cheyenne is $1,150/month. Rapid City is more expensive by 4%.

How much do I need to earn in Cheyenne to match a $75,000 salary in Rapid City?

To maintain a similar lifestyle, you would need approximately $75,000/year in Cheyenne to match a $75,000 salary in Rapid City. This estimate is based on overall cost of living indices and does not account for individual spending patterns.

Which city has lower taxes โ€” Rapid City or Cheyenne?

Cheyenne has the lower state income tax rate at 0% vs 0%. Cheyenne has no state income tax at all, which can save thousands of dollars per year depending on your income. Note that sales tax and local taxes also vary โ€” see the full breakdown in the table above.

Is it worth moving from Rapid City to Cheyenne?

It depends on your priorities. Both cities have similar overall costs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.

Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS ยท Updated Q1 2026 ยท For general guidance only

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