Fairfax, SD vs Ramona, SD

Fairfax, SD and Ramona, SD have a very similar cost of living, with only a 2.1% difference in their overall index. Fairfax scores 61 while Ramona scores 59 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 Fairfax is $788/month compared to $663/month in Ramona — a 19% difference. Interestingly, home values tell a different story: while Ramona has cheaper rent, Fairfax actually has lower median home values ($62,000 vs $92,900).

Median household income in Fairfax is $66,875 compared to $76,042 in Ramona (-12.1%). Ramona offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fairfax spend roughly 14.1% of their income on rent, more than the 10.5% in Ramona.