Housing costs in Lake Creek?
A typical home costs
$644,200, which is 90.5% more expensive than the national average of
$338,100 and 140.4% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Lake Creek costs
$860 per month, which is 39.9% more than the national average of
$1,430 and 5.8% cheaper than the state average of
$910.
Can I afford Lake Creek?
To live comfortably in Lake Creek, South Dakota, a minimum annual income of
$123,480 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Lake Creek?
The cost of living in Lake Creek, SD is generally quite affordable. The housing market is quite reasonable, with the median home price being just over $100,000. Despite this low cost, the quality of housing available in Lake Creek is quite high. The cost of essentials such as groceries and medical care are also reasonably priced. Additionally, due to the low population density in the area, there are very few tax increases that would increase the overall cost of living. All these factors make Lake Creek a great place to live for those looking for an affordable yet comfortable lifestyle.