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Lake Andes, SD vs Volga, SD

58
Lake Andes
South Dakota
VS
-28.9%
81
Volga
South Dakota

There is a significant gap in the cost of living between these two cities. Lake Andes is 28.9% cheaper than Volga. With a cost index of 58 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Andes to Volga should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lake Andes is $743/month compared to $1,048/month in Volga — a 29% difference. Home values follow the same pattern: Lake Andes is more affordable at $46,700 median vs $220,200.

Median household income in Lake Andes is $45,714 compared to $75,417 in Volga (-39.4%). While Volga is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Andes spend roughly 19.5% of their income on rent, more than the 16.7% in Volga.

Income & Cost

Cost of Living Index
Lake Andes
58
29% cheaper
Volga
81
Median Household Income
Lake Andes
$45,714
Volga
$75,417
39% higher

Housing

Median Rent
Lake Andes
$743
29% cheaper
Volga
$1,048
Median Home Value
Lake Andes
$46,700
79% cheaper
Volga
$220,200
Population
Lake Andes
934
Volga
2,246

Salary Equivalency Calculator

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