Lake Flat, SD Economy

Lake Flat, SD is a small town located in the Midwest region of the United States. The town is known for its quaint downtown area and close-knit community atmosphere. Local businesses in Lake Flat include a grocery store, a few restaurants, and some small specialty shops. The cost of living in Lake Flat is quite low compared to many other parts of the country. Rent for a two bedroom apartment is only $850, while the national average is around $1,430. Additionally, the Grocery Cost Index in Lake Flat is 99 versus 100 nationally. This makes it an ideal place to live for those looking to stretch their budgets further than other areas.