Howard, SD vs Summit, SD

Howard is moderately more affordable than Summit, with a 11.5% lower cost of living index. Howard scores 55 compared to 62 for Summit, where the US average is 100. This difference means residents of Summit can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Howard is $516/month compared to $775/month in Summit — a 33% difference. Interestingly, home values tell a different story: while Howard has cheaper rent, Summit actually has lower median home values ($84,000 vs $93,200).

Median household income in Howard is $54,792 compared to $57,500 in Summit (-4.7%). Summit 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 Howard spend roughly 11.3% of their income on rent, less than the 16.2% in Summit.