Housing costs in Lake Preston?
A typical home costs
$172,800, which is 48.9% less expensive than the national average of
$338,100 and 35.5% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Lake Preston costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 7.1% cheaper than the state average of
$910.
Can I afford Lake Preston?
To live comfortably in Lake Preston (zip 57249), South Dakota, a minimum annual income of
$33,120 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Lake Preston?
The cost of living in 57249 Lake Preston, SD is quite reasonable. The median home cost in the area is around $133,200 and the average rent is around $568 per month. Groceries and utilities are also quite affordable. The overall cost of living index for the area is 77.3, which is slightly lower than the national average of 100. This means that general goods and services are about 23% cheaper compared to the rest of the United States. It's a great option for those looking for an affordable place to live without sacrificing quality or amenities.