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Bison, SD vs Salem, SD

66
Bison
South Dakota
VS
-7.8%
72
Salem
South Dakota

Bison is moderately more affordable than Salem, with a 7.8% lower cost of living index. Bison scores 66 compared to 72 for Salem, where the US average is 100. This difference means residents of Salem can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bison is $943/month compared to $880/month in Salem — a 7% difference. Interestingly, home values tell a different story: while Salem has cheaper rent, Bison actually has lower median home values ($72,300 vs $163,500).

Median household income in Bison is $62,273 compared to $71,655 in Salem (-13.1%). While Salem is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bison spend roughly 18.2% of their income on rent, more than the 14.7% in Salem.

Income & Cost

Cost of Living Index
Bison
66
8% cheaper
Salem
72
Median Household Income
Bison
$62,273
Salem
$71,655
13% higher

Housing

Median Rent
Bison
$943
Salem
$880
7% cheaper
Median Home Value
Bison
$72,300
56% cheaper
Salem
$163,500
Population
Bison
419
Salem
1,201

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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