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Lake Preston, SD vs Wentworth, SD

59
Lake Preston
South Dakota
VS
-26.2%
80
Wentworth
South Dakota

There is a significant gap in the cost of living between these two cities. Lake Preston is 26.2% cheaper than Wentworth. With a cost index of 59 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Preston to Wentworth should plan for substantially higher expenses across most categories.

Renters will find that Lake Preston has a median rent of $533/month while Wentworth comes in at $775/month, a 31% difference.

Median household income in Lake Preston is $60,917 compared to $91,875 in Wentworth (-33.7%). While Wentworth 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 Preston spend roughly 10.5% of their income on rent, more than the 10.1% in Wentworth.

Income & Cost

Cost of Living Index
Lake Preston
59
26% cheaper
Wentworth
80
Median Household Income
Lake Preston
$60,917
Wentworth
$91,875
34% higher

Housing

Median Rent
Lake Preston
$533
31% cheaper
Wentworth
$775
Median Home Value
Lake Preston
$139,100
Wentworth
Population
Lake Preston
539
Wentworth
189

Salary Equivalency Calculator

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