North Spearfish, SD vs Tea, SD

North Spearfish, SD and Tea, SD have a very similar cost of living, with only a 0.2% difference in their overall index. North Spearfish scores 90 while Tea scores 90 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 North Spearfish is $1,074/month compared to $1,113/month in Tea — a 4% difference. Interestingly, home values tell a different story: while North Spearfish has cheaper rent, Tea actually has lower median home values ($305,300 vs $321,800).

Median household income in North Spearfish is $69,792 compared to $104,643 in Tea (-33.3%). Tea offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of North Spearfish spend roughly 18.5% of their income on rent, more than the 12.8% in Tea.