Housing costs in Lake Hendricks?
A typical home costs
$529,200, which is 56.5% more expensive than the national average of
$338,100 and 97.5% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Lake Hendricks costs
$800 per month, which is 44.1% more than the national average of
$1,430 and 13.8% cheaper than the state average of
$910.
Can I afford Lake Hendricks?
To live comfortably in Lake Hendricks, South Dakota, a minimum annual income of
$101,520 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Lake Hendricks?
The cost of living in Lake Hendricks, SD is relatively low compared to other parts of the country. The median home value in the area is $138,800, which is significantly lower than the national median of $219,700. Additionally, groceries and health care costs are typically lower than average due to the small population size. Transportation costs are also fairly low as there are no public transportation options available in the town. Overall, Lake Hendricks provides a great quality of life at a more affordable price than many other locations across the United States.