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Gary, SD vs Timber Lake, SD

52
Gary
South Dakota
VS
-6.4%
56
Timber Lake
South Dakota

Gary is moderately more affordable than Timber Lake, with a 6.4% lower cost of living index. Gary scores 52 compared to 56 for Timber Lake, where the US average is 100. This difference means residents of Timber Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gary is $479/month compared to $567/month in Timber Lake — a 16% difference. Home values follow the same pattern: Gary is more affordable at $72,500 median vs $83,600.

Median household income in Gary is $49,375 compared to $58,000 in Timber Lake (-14.9%). While Timber Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gary spend roughly 11.6% of their income on rent, less than the 11.7% in Timber Lake.

Income & Cost

Cost of Living Index
Gary
52
6% cheaper
Timber Lake
56
Median Household Income
Gary
$49,375
Timber Lake
$58,000
15% higher

Housing

Median Rent
Gary
$479
16% cheaper
Timber Lake
$567
Median Home Value
Gary
$72,500
13% cheaper
Timber Lake
$83,600
Population
Gary
227
Timber Lake
677

Salary Equivalency Calculator

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