Groton, SD vs Hot Springs, SD

Groton, SD and Hot Springs, SD have a very similar cost of living, with only a 4.7% difference in their overall index. Groton scores 75 while Hot Springs scores 71 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 Groton is $954/month compared to $854/month in Hot Springs — a 12% difference. Home values follow the same pattern: Hot Springs is more affordable at $168,200 median vs $173,000.

Median household income in Groton is $82,083 compared to $49,688 in Hot Springs (+65.2%). While Groton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Groton spend roughly 13.9% of their income on rent, less than the 20.6% in Hot Springs.

Climate-wise, both cities share similar average temperatures (44°F vs 43.2°F). Groton receives more rainfall at 21.8" per year compared to 19.8" in Hot Springs.