Piedmont, SD vs Wakonda, SD

The cost of living difference between Piedmont, SD and Wakonda, SD is dramatic. Wakonda is 41.6% cheaper than Piedmont, a gap that translates to thousands of dollars per year in household expenses. Piedmont has a cost index of 91 while Wakonda sits at 64, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Piedmont is $1,176/month compared to $817/month in Wakonda — a 44% difference. Home values follow the same pattern: Wakonda is more affordable at $97,700 median vs $290,100.

Median household income in Piedmont is $52,730 compared to $56,875 in Wakonda (-7.3%). Wakonda offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Piedmont spend roughly 26.8% of their income on rent, more than the 17.2% in Wakonda.