Parker, SD vs Ramona, SD

There is a significant gap in the cost of living between these two cities. Ramona is 29.3% cheaper than Parker. With a cost index of 59 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ramona to Parker should plan for substantially higher expenses across most categories.

On the housing front, median rent in Parker is $923/month compared to $663/month in Ramona — a 39% difference. Home values follow the same pattern: Ramona is more affordable at $92,900 median vs $208,000.

Median household income in Parker is $87,632 compared to $76,042 in Ramona (+15.2%). The higher salaries in Parker partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Parker spend roughly 12.6% of their income on rent, more than the 10.5% in Ramona.