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Castlewood, SD vs Parkston, SD

77
Castlewood
South Dakota
VS
+18.2%
65
Parkston
South Dakota

There is a significant gap in the cost of living between these two cities. Parkston is 18.2% cheaper than Castlewood. With a cost index of 65 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Parkston to Castlewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Castlewood is $1,028/month compared to $725/month in Parkston — a 42% difference. Home values follow the same pattern: Parkston is more affordable at $145,500 median vs $178,600.

Median household income in Castlewood is $87,768 compared to $71,313 in Parkston (+23.1%). While Castlewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Castlewood spend roughly 14.1% of their income on rent, more than the 12.2% in Parkston.

Climate-wise, Parkston is notably warmer with an average of 47.7°F compared to 43°F in Castlewood. Castlewood receives more rainfall at 22.7" per year compared to 21.1" in Parkston.

Income & Cost

Cost of Living Index
Castlewood
77
Parkston
65
15% cheaper
Median Household Income
Castlewood
$87,768
19% higher
Parkston
$71,313

Housing

Median Rent
Castlewood
$1,028
Parkston
$725
29% cheaper
Median Home Value
Castlewood
$178,600
Parkston
$145,500
19% cheaper
Population
Castlewood
756
Parkston
1,981

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Castlewood 43°F
Parkston 47.7°F
Summer High
Castlewood 82°F
Parkston 87°F
Winter Low
Castlewood 3°F
Parkston 9°F
Rainfall
Castlewood 22.7"
Parkston 21.1"
Rainy Days
Castlewood 96d
Parkston 84d