Keystone, SD vs Salem, SD

Keystone is moderately more affordable than Salem, with a 5% lower cost of living index. Keystone scores 68 compared to 72 for Salem, where the US average is 100. This difference means residents of Salem can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Keystone is $690/month compared to $880/month in Salem — a 22% difference. Interestingly, home values tell a different story: while Keystone has cheaper rent, Salem actually has lower median home values ($163,500 vs $188,800).

Median household income in Keystone is $62,159 compared to $71,655 in Salem (-13.3%). While Salem is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Keystone spend roughly 13.3% of their income on rent, less than the 14.7% in Salem.