Hot Springs, SD vs Redfield, SD

There is a significant gap in the cost of living between these two cities. Redfield is 16.2% cheaper than Hot Springs. With a cost index of 61 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Redfield to Hot Springs should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hot Springs is $854/month compared to $668/month in Redfield — a 28% difference. Home values follow the same pattern: Redfield is more affordable at $117,000 median vs $168,200.

Median household income in Hot Springs is $49,688 compared to $60,586 in Redfield (-18%). Redfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hot Springs spend roughly 20.6% of their income on rent, more than the 13.2% in Redfield.