Lead, SD vs Parker, SD

Lead, SD and Parker, SD have a very similar cost of living, with only a 4.7% difference in their overall index. Lead scores 73 while Parker scores 77 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Lead is $844/month compared to $923/month in Parker — a 9% difference. Home values follow the same pattern: Lead is more affordable at $192,800 median vs $208,000.

Median household income in Lead is $57,348 compared to $87,632 in Parker (-34.6%). While Parker is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lead spend roughly 17.7% of their income on rent, more than the 12.6% in Parker.

Climate-wise, Parker is notably warmer with an average of 47.4°F compared to 41.1°F in Lead. Lead receives more rainfall at 29.2" per year compared to 27.8" in Parker.