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Groton, SD vs Milbank, SD

75
Groton
South Dakota
VS
+25.9%
59
Milbank
South Dakota

There is a significant gap in the cost of living between these two cities. Milbank is 25.9% cheaper than Groton. With a cost index of 59 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milbank to Groton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Groton is $954/month compared to $480/month in Milbank — a 99% difference. Home values follow the same pattern: Milbank is more affordable at $161,300 median vs $173,000.

Median household income in Groton is $82,083 compared to $58,462 in Milbank (+40.4%). 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, more than the 9.9% in Milbank.

Climate-wise, both cities share similar average temperatures (44°F vs 43°F). Milbank receives more rainfall at 22.7" per year compared to 21.8" in Groton.

Income & Cost

Cost of Living Index
Groton
75
Milbank
59
21% cheaper
Median Household Income
Groton
$82,083
29% higher
Milbank
$58,462

Housing

Median Rent
Groton
$954
Milbank
$480
50% cheaper
Median Home Value
Groton
$173,000
Milbank
$161,300
7% cheaper
Population
Groton
1,794
Milbank
3,513

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Groton 44°F
Milbank 43°F
Summer High
Groton 85°F
Milbank 82°F
Winter Low
Groton 2°F
Milbank 3°F
Rainfall
Groton 21.8"
Milbank 22.7"
Rainy Days
Groton 98d
Milbank 96d