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Mount Vernon, SD vs Wakpala, SD

56
Mount Vernon
South Dakota
VS
-18.9%
70
Wakpala
South Dakota

There is a significant gap in the cost of living between these two cities. Mount Vernon is 18.9% cheaper than Wakpala. With a cost index of 56 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mount Vernon to Wakpala should plan for substantially higher expenses across most categories.

Renters will find that Mount Vernon has a median rent of $382/month while Wakpala comes in at $433/month, a 12% difference.

Median household income in Mount Vernon is $58,542 compared to $22,500 in Wakpala (+160.2%). Mount Vernon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Mount Vernon spend roughly 7.8% of their income on rent, less than the 23.1% in Wakpala.

Income & Cost

Cost of Living Index
Mount Vernon
56
19% cheaper
Wakpala
70
Median Household Income
Mount Vernon
$58,542
62% higher
Wakpala
$22,500

Housing

Median Rent
Mount Vernon
$382
12% cheaper
Wakpala
$433
Median Home Value
Mount Vernon
$163,100
Wakpala
Population
Mount Vernon
437
Wakpala
159

Salary Equivalency Calculator

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