Garretson, SD vs Wilmot, SD

There is a significant gap in the cost of living between these two cities. Wilmot is 22% cheaper than Garretson. With a cost index of 57 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wilmot to Garretson should plan for substantially higher expenses across most categories.

On the housing front, median rent in Garretson is $704/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 $197,400.

Median household income in Garretson is $66,375 compared to $61,563 in Wilmot (+7.8%). Garretson does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Garretson spend roughly 12.7% of their income on rent, more than the 12.5% in Wilmot.