Lake Creek, SD Economy

Lake Creek, SD is a small, rural community located in the heart of southern South Dakota. Home to a population of less than 3,000 people, Lake Creek is an attractive place for those looking for an affordable lifestyle. The cost of living in Lake Creek is quite low compared to the national average with a two-bedroom rent of only $860 per month versus the US average of $1,430. Groceries are also generally cheaper with grocery costs being 98 on the index compared to 100 across the US. Local companies throughout Lake Creek include Crystal Creek Electric, Cory’s Auto Repair, and Moore’s Hardware Store providing essential services to their community. Combined with its low cost of living, Lake Creek makes for an attractive place to live for those seeking an affordable hometown atmosphere without sacrificing quality living.