Canton, SD vs Springfield, SD

Canton, SD and Springfield, SD have a very similar cost of living, with only a 3% difference in their overall index. Canton scores 68 while Springfield scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Canton is $693/month compared to $802/month in Springfield — a 14% difference. Interestingly, home values tell a different story: while Canton has cheaper rent, Springfield actually has lower median home values ($126,800 vs $191,000).

Median household income in Canton is $65,500 compared to $59,063 in Springfield (+10.9%). While Canton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Canton spend roughly 12.7% of their income on rent, less than the 16.3% in Springfield.