Hot Springs, SD vs Sturgis, SD

Hot Springs is moderately more affordable than Sturgis, with a 5.8% lower cost of living index. Hot Springs scores 71 compared to 76 for Sturgis, where the US average is 100. This difference means residents of Sturgis 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 $815/month in Sturgis — a 5% difference. Interestingly, home values tell a different story: while Sturgis has cheaper rent, Hot Springs actually has lower median home values ($168,200 vs $236,400).

Median household income in Hot Springs is $49,688 compared to $51,101 in Sturgis (-2.8%). Sturgis does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Hot Springs spend roughly 20.6% of their income on rent, more than the 19.1% in Sturgis.