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Parkston, SD vs Wolsey, SD

65
Parkston
South Dakota
VS
+8.4%
60
Wolsey
South Dakota

Wolsey is moderately more affordable than Parkston, with a 8.4% lower cost of living index. Parkston scores 65 compared to 60 for Wolsey, where the US average is 100. This difference means residents of Parkston can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Parkston is $725/month compared to $713/month in Wolsey — a 2% difference. Home values follow the same pattern: Wolsey is more affordable at $88,000 median vs $145,500.

Median household income in Parkston is $71,313 compared to $56,833 in Wolsey (+25.5%). While Parkston is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Parkston spend roughly 12.2% of their income on rent, less than the 15.1% in Wolsey.

Income & Cost

Cost of Living Index
Parkston
65
Wolsey
60
8% cheaper
Median Household Income
Parkston
$71,313
20% higher
Wolsey
$56,833

Housing

Median Rent
Parkston
$725
Wolsey
$713
2% cheaper
Median Home Value
Parkston
$145,500
Wolsey
$88,000
40% cheaper
Population
Parkston
1,981
Wolsey
666

Salary Equivalency Calculator

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