Housing costs in Lake Byron?
A typical home costs
$335,000, which is 0.9% less expensive than the national average of
$338,100 and 25.0% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Lake Byron costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 7.1% cheaper than the state average of
$910.
Can I afford Lake Byron?
To live comfortably in Lake Byron, South Dakota, a minimum annual income of
$64,080 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Lake Byron?
The cost of living in Lake Byron, SD is quite affordable. The median home value is around $173,700 and the median rent price is around $833 per month. The overall cost of living index in Lake Byron is approximately 8.1 percent lower than the U.S. national average. This makes it a great budget-friendly option for those looking to purchase or rent a home in the area. Additionally, grocery costs are generally low and utilities are steadily priced across the area. With so many economic benefits, it's no wonder that more people are choosing to call Lake Byron their home.