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Ipswich, SD vs Veblen, SD

71
Ipswich
South Dakota
VS
+29.6%
55
Veblen
South Dakota

There is a significant gap in the cost of living between these two cities. Veblen is 29.6% cheaper than Ipswich. With a cost index of 55 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Veblen to Ipswich should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ipswich is $850/month compared to $653/month in Veblen — a 30% difference. Home values follow the same pattern: Veblen is more affordable at $40,800 median vs $165,600.

Median household income in Ipswich is $79,135 compared to $52,917 in Veblen (+49.5%). While Ipswich is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ipswich spend roughly 12.9% of their income on rent, less than the 14.8% in Veblen.

Income & Cost

Cost of Living Index
Ipswich
71
Veblen
55
23% cheaper
Median Household Income
Ipswich
$79,135
33% higher
Veblen
$52,917

Housing

Median Rent
Ipswich
$850
Veblen
$653
23% cheaper
Median Home Value
Ipswich
$165,600
Veblen
$40,800
75% cheaper
Population
Ipswich
1,126
Veblen
428

Salary Equivalency Calculator

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