Housing costs in Lansing?
A typical home costs
$240,000, which is 29.0% less expensive than the national average of
$338,100 and 10.4% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Lansing costs
$820 per month, which is 42.7% more than the national average of
$1,430 and 11.0% cheaper than the state average of
$910.
Can I afford Lansing?
To live comfortably in Lansing, South Dakota, a minimum annual income of
$46,080 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Lansing?
Lansing, SD is known for its affordable cost of living. The median home cost in the city is $152,300 and the median rent price is around $1,085 per month, making it an ideal place to live if you're looking for a good balance between affordability and quality of life. Additionally, the overall average cost-of-living index in Lansing is 11% lower than the national average. This means that many essential goods and services will be less expensive than what other cities might offer as well as more money being available to go towards leisure activities. Overall, with its reasonable housing costs combined with its low overall cost of living make Lansing a great place to call home.