Home / Compare / Timber Lake vs Wagner

Timber Lake, SD vs Wagner, SD

56
Timber Lake
South Dakota
VS
-12.7%
64
Wagner
South Dakota

Timber Lake is moderately more affordable than Wagner, with a 12.7% lower cost of living index. Timber Lake scores 56 compared to 64 for Wagner, where the US average is 100. This difference means residents of Wagner can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Timber Lake is $567/month compared to $711/month in Wagner — a 20% difference. Home values follow the same pattern: Timber Lake is more affordable at $83,600 median vs $129,200.

Median household income in Timber Lake is $58,000 compared to $47,137 in Wagner (+23%). Timber Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Timber Lake spend roughly 11.7% of their income on rent, less than the 18.1% in Wagner.

Income & Cost

Cost of Living Index
Timber Lake
56
13% cheaper
Wagner
64
Median Household Income
Timber Lake
$58,000
19% higher
Wagner
$47,137

Housing

Median Rent
Timber Lake
$567
20% cheaper
Wagner
$711
Median Home Value
Timber Lake
$83,600
35% cheaper
Wagner
$129,200
Population
Timber Lake
677
Wagner
1,555

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

$
Formula: