Lake township (Codington County), SD Cost of Living


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Lake township (Codington County) cost of living score
84.5
Less expensive
15.5% lower
than the US average
5.4% lower
than the South Dakota average
Lake township (Codington County), South Dakota gets a BestPlaces Cost of Living score of 84.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.5% lower than the U.S. average and 5.4% higher than the average for South Dakota.

Lake township (Codington County), SD

Housing costs in Lake township (Codington County)?
A typical home costs $442,300, which is 30.8% more expensive than the national average of $338,100 and 65.0% more expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Lake township (Codington County) costs $900 per month, which is 37.1% more than the national average of $1,430 and close to the state average of $910.

Can I afford Lake township (Codington County)?
To live comfortably in Lake township (Codington County), South Dakota, a minimum annual income of $84,600 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Lake township (Codington County)?
The cost of living in Lake Township (Codington County), SD is relatively low compared to many other cities in the United States. According to BestPlaces's Cost of Living Index, the overall cost of living is about 12 percent lower than the national average. Housing costs are especially low, as you can find an apartment for rent at a median price of $729 per month. Although groceries tend to be slightly more expensive than other places, they are still fairly affordable and have a wide selection. Overall, Lake Township offers a reasonable cost of living that will make it attractive for people looking to save money while enjoying all that South Dakota has to offer.
   Cost of living score
     CategoriesLake township (Codington County)South DakotaUnited States
  84.589.3100.0
  100.497100
  120.8120.8100.0
  102.582.1100.0
  $442,300$268,000$338,100
  88.4%93.6%100.0%
  61.571.2100.0
  78.877.6100.0

   100=National Average

   Average Rent by Bedroom Size
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