Lake Madison, SD vs Lennox, SD

There is a significant gap in the cost of living between these two cities. Lennox is 17.5% cheaper than Lake Madison. With a cost index of 77 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lennox to Lake Madison should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lake Madison is $595/month compared to $925/month in Lennox — a 36% difference. Interestingly, home values tell a different story: while Lake Madison has cheaper rent, Lennox actually has lower median home values ($210,800 vs $496,600).

Median household income in Lake Madison is $116,648 compared to $76,477 in Lennox (+52.5%). While Lake Madison 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 Madison spend roughly 6.1% of their income on rent, less than the 14.5% in Lennox.

Climate-wise, both cities share similar average temperatures (45.1°F vs 47.4°F). Lake Madison receives more rainfall at 29.6" per year compared to 27.8" in Lennox.