Milbank, SD vs Webster, SD

Milbank, SD and Webster, SD have a very similar cost of living, with only a 1.3% difference in their overall index. Milbank scores 59 while Webster scores 60 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 Milbank is $480/month compared to $612/month in Webster — a 22% difference. Interestingly, home values tell a different story: while Milbank has cheaper rent, Webster actually has lower median home values ($122,200 vs $161,300).

Median household income in Milbank is $58,462 compared to $55,074 in Webster (+6.2%). Milbank offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Milbank spend roughly 9.9% of their income on rent, less than the 13.3% in Webster.