Zip 57358 (Lane, SD) Cost of Living


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United States / South Dakota / No Metro Area / Jerauld County / Lane / Lane (zip 57358)
How much do I need to live in Lane, South Dakota?
$870 / month
for a family, 83.9% less expensive than the national average A total of $10,440 for the year for a family.
$1,967 / month
for a single person, 58.7% less expensive than the national average A total of $23,600 for the year for a single person.

Lane cost of living score
73.4
Less expensive
26.6% lower
than the US average
17.8% lower
than the South Dakota average
Lane (zip 57358), South Dakota gets a BestPlaces Cost of Living score of 73.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.6% lower than the U.S. average and 17.8% higher than the average for South Dakota.

Zip 57358 (Lane, SD)

Housing costs in Lane?
A typical home costs $54,900, which is 83.8% less expensive than the national average of $338,100 and 79.5% less expensive than the average South Dakota home, at $268,000. Renting a two-bedroom unit in Lane costs $670 per month, which is 53.1% cheaper than the national average of $1,430 and 35.8% cheaper than the state average of $910.

Can I afford Lane?
To live comfortably in Lane (zip 57358), South Dakota, a minimum annual income of $10,440 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Lane?
The cost of living in 57358 Lane, SD is relatively low compared to other areas in the country. The median home cost is around $239,700, and the median household income is just under $48,000. Utilities are affordable and groceries are reasonably priced as well. Gas prices tend to be lower than other places in the state or region, making it easy for residents to get around. Property taxes are also quite low. Overall, 57358 Lane has an affordable cost of living that appeals to people looking for a place to call home without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLaneSouth DakotaUnited States
    Unlock89.3100.0
  98.3  Unlock100.0
    Unlock120.8100.0
  45.9  Unlock100.0
    Unlock$268,000$338,100
  94.5  Unlock100.0
    Unlock71.2100.0
  73.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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