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Canton, SD vs Madison, SD

68
Canton
South Dakota
VS
-7.5%
74
Madison
South Dakota

Canton is moderately more affordable than Madison, with a 7.5% lower cost of living index. Canton scores 68 compared to 74 for Madison, where the US average is 100. This difference means residents of Madison can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Canton is $693/month compared to $874/month in Madison — a 21% difference. Home values follow the same pattern: Canton is more affordable at $191,000 median vs $191,400.

Median household income in Canton is $65,500 compared to $62,180 in Madison (+5.3%). Canton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Canton spend roughly 12.7% of their income on rent, less than the 16.9% in Madison.

Climate-wise, both cities share similar average temperatures (47.4°F vs 45.1°F). Madison receives more rainfall at 29.6" per year compared to 27.8" in Canton.

Income & Cost

Cost of Living Index
Canton
68
7% cheaper
Madison
74
Median Household Income
Canton
$65,500
5% higher
Madison
$62,180

Housing

Median Rent
Canton
$693
21% cheaper
Madison
$874
Median Home Value
Canton
$191,000
Madison
$191,400
Population
Canton
3,060
Madison
6,158

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Canton 47.4°F
Madison 45.1°F
Summer High
Canton 85°F
Madison 83°F
Winter Low
Canton 9°F
Madison 6°F
Rainfall
Canton 27.8"
Madison 29.6"
Rainy Days
Canton 104d
Madison 108d