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Castlewood, SD vs Springfield, SD

77
Castlewood
South Dakota
VS
+16.8%
66
Springfield
South Dakota

There is a significant gap in the cost of living between these two cities. Springfield is 16.8% cheaper than Castlewood. With a cost index of 66 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Springfield 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 $802/month in Springfield — a 28% difference. Home values follow the same pattern: Springfield is more affordable at $126,800 median vs $178,600.

Median household income in Castlewood is $87,768 compared to $59,063 in Springfield (+48.6%). 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, less than the 16.3% in Springfield.

Income & Cost

Cost of Living Index
Castlewood
77
Springfield
66
14% cheaper
Median Household Income
Castlewood
$87,768
33% higher
Springfield
$59,063

Housing

Median Rent
Castlewood
$1,028
Springfield
$802
22% cheaper
Median Home Value
Castlewood
$178,600
Springfield
$126,800
29% cheaper
Population
Castlewood
756
Springfield
2,073

Salary Equivalency Calculator

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