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Parkston, SD vs Woonsocket, SD

65
Parkston
South Dakota
VS
+12.8%
58
Woonsocket
South Dakota

Woonsocket is moderately more affordable than Parkston, with a 12.8% lower cost of living index. Parkston scores 65 compared to 58 for Woonsocket, 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 $618/month in Woonsocket — a 17% difference. Home values follow the same pattern: Woonsocket is more affordable at $94,200 median vs $145,500.

Median household income in Parkston is $71,313 compared to $52,283 in Woonsocket (+36.4%). 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 14.2% in Woonsocket.

Income & Cost

Cost of Living Index
Parkston
65
Woonsocket
58
11% cheaper
Median Household Income
Parkston
$71,313
27% higher
Woonsocket
$52,283

Housing

Median Rent
Parkston
$725
Woonsocket
$618
15% cheaper
Median Home Value
Parkston
$145,500
Woonsocket
$94,200
35% cheaper
Population
Parkston
1,981
Woonsocket
753

Salary Equivalency Calculator

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