Lake Placid, New York vs. Rapid City, South Dakota

Cost of Living Comparison

The cost of living in Rapid City, South Dakota is 2.0% cheaper than Lake Placid, New York.

You would need a salary of $39,180 in Rapid City, South Dakota to maintain the standard of living you have in Lake Placid, New York.
Comparison highlights
• Overall, Rapid City, South Dakota is cheaper than Lake Placid, New York
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
10% cheaper in Rapid City
than in Lake Placid, New York
Lake Placid, NY vs. Rapid City, SD
Compared to Lake Placid, Rapid City is:
  Homeowner
      No Child Care, Taxes not Considered
  2.0% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  8.7% lower
  Housing (Homeowner)
  36.8% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  11.6% lower
  Commute
  5.3% lower
  Health
  30.2% higher
  Taxes
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  Childcare
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  Personal
  0.5% higher
Cost of Food
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