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Hot Springs, SD vs Springfield, SD

71
Hot Springs
South Dakota
VS
+7.6%
66
Springfield
South Dakota

Springfield is moderately more affordable than Hot Springs, with a 7.6% lower cost of living index. Hot Springs scores 71 compared to 66 for Springfield, where the US average is 100. This difference means residents of Hot Springs can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hot Springs is $854/month compared to $802/month in Springfield — a 7% difference. Home values follow the same pattern: Springfield is more affordable at $126,800 median vs $168,200.

Median household income in Hot Springs is $49,688 compared to $59,063 in Springfield (-15.9%). Springfield 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 16.3% in Springfield.

Income & Cost

Cost of Living Index
Hot Springs
71
Springfield
66
7% cheaper
Median Household Income
Hot Springs
$49,688
Springfield
$59,063
16% higher

Housing

Median Rent
Hot Springs
$854
Springfield
$802
6% cheaper
Median Home Value
Hot Springs
$168,200
Springfield
$126,800
25% cheaper
Population
Hot Springs
3,506
Springfield
2,073

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hot Springs $2.99
Springfield
US $3.07
🥚
Eggs (grade A, large)
Hot Springs $2.44
Springfield
US $2.50
🥛
Milk (whole)
Hot Springs $3.92
Springfield
US $4.03
🍞
Bread (white)
Hot Springs $1.80
Springfield
US $1.85
🍗
Chicken breast
Hot Springs $4.03
Springfield
US $4.14
Electricity
Hot Springs $0.15
Springfield
US $0.19