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Ipswich, SD vs Lake Poinsett, SD

71
Ipswich
South Dakota
VS
-34.5%
108
Lake Poinsett
South Dakota

The cost of living difference between Ipswich, SD and Lake Poinsett, SD is dramatic. Ipswich is 34.5% cheaper than Lake Poinsett, a gap that translates to thousands of dollars per year in household expenses. Ipswich has a cost index of 71 while Lake Poinsett sits at 108, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Ipswich are $165,600 compared to $446,600 in Lake Poinsett, a 63% gap.

Median household income in Ipswich is $79,135 compared to $101,136 in Lake Poinsett (-21.8%). The higher salaries in Lake Poinsett partially offset the cost difference, but don't fully close the gap.

Climate-wise, both cities share similar average temperatures (41.9°F vs 43°F). Lake Poinsett receives more rainfall at 22.7" per year compared to 19.9" in Ipswich.

Income & Cost

Cost of Living Index
Ipswich
71
34% cheaper
Lake Poinsett
108
Median Household Income
Ipswich
$79,135
Lake Poinsett
$101,136
22% higher

Housing

Median Rent
Ipswich
$850
Lake Poinsett
Median Home Value
Ipswich
$165,600
63% cheaper
Lake Poinsett
$446,600
Population
Ipswich
1,126
Lake Poinsett
413

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Ipswich 41.9°F
Lake Poinsett 43°F
Summer High
Ipswich 81°F
Lake Poinsett 82°F
Winter Low
Ipswich 4°F
Lake Poinsett 3°F
Rainfall
Ipswich 19.9"
Lake Poinsett 22.7"
Rainy Days
Ipswich 96d
Lake Poinsett 96d