De Smet, SD vs Tabor, SD
De Smet is moderately more affordable than Tabor, with a 7.9% lower cost of living index. De Smet scores 67 compared to 73 for Tabor, where the US average is 100. This difference means residents of Tabor can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in De Smet is $743/month compared to $1,023/month in Tabor — a 27% difference. Interestingly, home values tell a different story: while De Smet has cheaper rent, Tabor actually has lower median home values ($122,700 vs $155,900).
Median household income in De Smet is $60,139 compared to $78,438 in Tabor (-23.3%). While Tabor is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of De Smet spend roughly 14.8% of their income on rent, less than the 15.7% in Tabor.
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