Deadwood, SD vs Newell, SD
Deadwood, SD and Newell, SD have a very similar cost of living, with only a 1.4% difference in their overall index. Deadwood scores 72 while Newell scores 73 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 Deadwood is $706/month compared to $1,031/month in Newell — a 32% difference. Interestingly, home values tell a different story: while Deadwood has cheaper rent, Newell actually has lower median home values ($120,100 vs $227,000).
Median household income in Deadwood is $52,679 compared to $52,277 in Newell (+0.8%). Deadwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Deadwood spend roughly 16.1% of their income on rent, less than the 23.7% in Newell.
Climate-wise, Newell is notably warmer with an average of 46.7°F compared to 41.1°F in Deadwood. Deadwood receives more rainfall at 29.2" per year compared to 17.4" in Newell.
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