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Anderson, SD vs Salem, SD

102
Anderson
South Dakota
VS
+42.5%
72
Salem
South Dakota

The cost of living difference between Anderson, SD and Salem, SD is dramatic. Salem is 42.5% cheaper than Anderson, a gap that translates to thousands of dollars per year in household expenses. Anderson has a cost index of 102 while Salem sits at 72, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Anderson are $372,300 compared to $163,500 in Salem, a 128% gap.

Median household income in Anderson is $143,705 compared to $71,655 in Salem (+100.6%). While Anderson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Anderson
102
Salem
72
30% cheaper
Median Household Income
Anderson
$143,705
50% higher
Salem
$71,655

Housing

Median Rent
Anderson
Salem
$880
Median Home Value
Anderson
$372,300
Salem
$163,500
56% cheaper
Population
Anderson
406
Salem
1,201

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Anderson $2.99
Salem $2.99
US $3.07
🥚
Eggs (grade A, large)
Anderson $2.44
Salem $2.44
US $2.50
🥛
Milk (whole)
Anderson $3.92
Salem $3.92
US $4.03
🍞
Bread (white)
Anderson $1.80
Salem $1.80
US $1.85
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Chicken breast
Anderson $4.03
Salem $4.03
US $4.14
Electricity
Anderson $0.16
Salem $0.16
US $0.19