Madison, SD vs Redfield, SD

There is a significant gap in the cost of living between these two cities. Redfield is 20.1% cheaper than Madison. With a cost index of 61 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Redfield to Madison should plan for substantially higher expenses across most categories.

On the housing front, median rent in Madison is $874/month compared to $668/month in Redfield — a 31% difference. Home values follow the same pattern: Redfield is more affordable at $117,000 median vs $191,400.

Median household income in Madison is $62,180 compared to $60,586 in Redfield (+2.6%). Madison does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Madison spend roughly 16.9% of their income on rent, more than the 13.2% in Redfield.