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De Smet, SD vs Hoven, SD

67
De Smet
South Dakota
VS
-15.2%
79
Hoven
South Dakota

There is a significant gap in the cost of living between these two cities. De Smet is 15.2% cheaper than Hoven. With a cost index of 67 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from De Smet to Hoven should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in De Smet are $155,900 compared to $88,800 in Hoven, a 76% gap.

Median household income in De Smet is $60,139 compared to $61,250 in Hoven (-1.8%). Hoven does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Climate-wise, both cities share similar average temperatures (45.9°F vs 46.4°F). De Smet receives more rainfall at 23.3" per year compared to 18" in Hoven.

Income & Cost

Cost of Living Index
De Smet
67
15% cheaper
Hoven
79
Median Household Income
De Smet
$60,139
Hoven
$61,250
2% higher

Housing

Median Rent
De Smet
$743
Hoven
Median Home Value
De Smet
$155,900
Hoven
$88,800
43% cheaper
Population
De Smet
974
Hoven
341

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
De Smet 45.9°F
Hoven 46.4°F
Summer High
De Smet 86°F
Hoven 87°F
Winter Low
De Smet 6°F
Hoven 6°F
Rainfall
De Smet 23.3"
Hoven 18"
Rainy Days
De Smet 95d
Hoven 91d