Housing costs in Lane?
A typical home costs
$54,200, which is 84.0% less expensive than the national average of
$338,100 and 79.8% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Lane costs
$680 per month, which is 52.4% cheaper than the national average of
$1,430 and 33.8% cheaper than the state average of
$910.
Can I afford Lane?
To live comfortably in Lane, South Dakota, a minimum annual income of
$10,440 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Lane?
Lane, SD is a great place to live for those looking for a low cost of living. The cost of living in Lane is significantly lower than the national average in most categories. Housing costs such as rent and mortgages are particularly low, which makes it easy to find affordable housing options. Other everyday expenses, such as groceries, utilities, and transportation, are also much cheaper than the national averages. Overall, living in Lane is an attractive option for anyone looking to save money without sacrificing quality of life.