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Howard, SD vs Wakonda, SD

55
Howard
South Dakota
VS
-14.8%
64
Wakonda
South Dakota

Howard is moderately more affordable than Wakonda, with a 14.8% lower cost of living index. Howard scores 55 compared to 64 for Wakonda, where the US average is 100. This difference means residents of Wakonda 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 $817/month in Wakonda — a 37% difference. Home values follow the same pattern: Howard is more affordable at $93,200 median vs $97,700.

Median household income in Howard is $54,792 compared to $56,875 in Wakonda (-3.7%). Wakonda 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 17.2% in Wakonda.

Income & Cost

Cost of Living Index
Howard
55
15% cheaper
Wakonda
64
Median Household Income
Howard
$54,792
Wakonda
$56,875
4% higher

Housing

Median Rent
Howard
$516
37% cheaper
Wakonda
$817
Median Home Value
Howard
$93,200
5% cheaper
Wakonda
$97,700
Population
Howard
990
Wakonda
352

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Howard
Wakonda $2.99
US $3.07
🥚
Eggs (grade A, large)
Howard
Wakonda $2.44
US $2.50
🥛
Milk (whole)
Howard
Wakonda $3.92
US $4.03
🍞
Bread (white)
Howard
Wakonda $1.80
US $1.85
🍗
Chicken breast
Howard
Wakonda $4.03
US $4.14
Electricity
Howard
Wakonda $0.16
US $0.19