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Hot Springs, SD vs Volga, SD

71
Hot Springs
South Dakota
VS
-12.4%
81
Volga
South Dakota

Hot Springs is moderately more affordable than Volga, with a 12.4% lower cost of living index. Hot Springs scores 71 compared to 81 for Volga, where the US average is 100. This difference means residents of Volga 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 $1,048/month in Volga — a 19% difference. Home values follow the same pattern: Hot Springs is more affordable at $168,200 median vs $220,200.

Median household income in Hot Springs is $49,688 compared to $75,417 in Volga (-34.1%). While Volga is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hot Springs spend roughly 20.6% of their income on rent, more than the 16.7% in Volga.

Income & Cost

Cost of Living Index
Hot Springs
71
12% cheaper
Volga
81
Median Household Income
Hot Springs
$49,688
Volga
$75,417
34% higher

Housing

Median Rent
Hot Springs
$854
19% cheaper
Volga
$1,048
Median Home Value
Hot Springs
$168,200
24% cheaper
Volga
$220,200
Population
Hot Springs
3,506
Volga
2,246

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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