Letcher, SD vs Newell, SD
There is a significant gap in the cost of living between these two cities. Letcher is 15.1% cheaper than Newell. 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 Newell should plan for substantially higher expenses across most categories.
On the housing front, median rent in Letcher is $755/month compared to $1,031/month in Newell — a 27% difference. Home values follow the same pattern: Letcher is more affordable at $88,000 median vs $120,100.
Median household income in Letcher is $67,500 compared to $52,277 in Newell (+29.1%). 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 23.7% in Newell.
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 Newell.
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Climate
NOAA 30-year normals (1991-2020)