Deadwood, SD vs Wilmot, SD
There is a significant gap in the cost of living between these two cities. Wilmot is 26.5% cheaper than Deadwood. With a cost index of 57 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wilmot to Deadwood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Deadwood is $706/month compared to $642/month in Wilmot — a 10% difference. Home values follow the same pattern: Wilmot is more affordable at $68,600 median vs $227,000.
Median household income in Deadwood is $52,679 compared to $61,563 in Wilmot (-14.4%). Wilmot 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, more than the 12.5% in Wilmot.
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