Herreid, SD vs Letcher, SD
Herreid, SD and Letcher, SD have a very similar cost of living, with only a 2.6% difference in their overall index. Herreid scores 60 while Letcher scores 62 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 Herreid is $703/month compared to $755/month in Letcher — a 7% difference. Home values follow the same pattern: Herreid is more affordable at $87,400 median vs $88,000.
Median household income in Herreid is $68,611 compared to $67,500 in Letcher (+1.6%). Herreid offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Herreid spend roughly 12.3% of their income on rent, less than the 13.4% in Letcher.
Climate-wise, both cities share similar average temperatures (46.4°F vs 47.7°F). Letcher receives more rainfall at 21.1" per year compared to 18" in Herreid.
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Housing
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Climate
NOAA 30-year normals (1991-2020)