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Letcher, SD vs New Underwood, SD

62
Letcher
South Dakota
VS
-15.8%
73
New Underwood
South Dakota

There is a significant gap in the cost of living between these two cities. Letcher is 15.8% cheaper than New Underwood. With a cost index of 62 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Letcher to New Underwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Letcher is $755/month compared to $862/month in New Underwood — a 12% difference. Home values follow the same pattern: Letcher is more affordable at $88,000 median vs $188,700.

Median household income in Letcher is $67,500 compared to $54,167 in New Underwood (+24.6%). Letcher offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Letcher spend roughly 13.4% of their income on rent, less than the 19.1% in New Underwood.

Climate-wise, both cities share similar average temperatures (47.7°F vs 46.7°F). Letcher receives more rainfall at 21.1" per year compared to 17.4" in New Underwood.

Income & Cost

Cost of Living Index
Letcher
62
16% cheaper
New Underwood
73
Median Household Income
Letcher
$67,500
20% higher
New Underwood
$54,167

Housing

Median Rent
Letcher
$755
12% cheaper
New Underwood
$862
Median Home Value
Letcher
$88,000
53% cheaper
New Underwood
$188,700
Population
Letcher
184
New Underwood
538

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Letcher
New Underwood $2.99
US $3.07
🥚
Eggs (grade A, large)
Letcher
New Underwood $2.44
US $2.50
🥛
Milk (whole)
Letcher
New Underwood $3.92
US $4.03
🍞
Bread (white)
Letcher
New Underwood $1.80
US $1.85
🍗
Chicken breast
Letcher
New Underwood $4.03
US $4.14
Electricity
Letcher
New Underwood $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Letcher 47.7°F
New Underwood 46.7°F
Summer High
Letcher 87°F
New Underwood 86°F
Winter Low
Letcher 9°F
New Underwood 13°F
Rainfall
Letcher 21.1"
New Underwood 17.4"
Rainy Days
Letcher 84d
New Underwood 96d