Housing costs in Lake Flat?
A typical home costs
$371,800, which is 10.0% more expensive than the national average of
$338,100 and 38.7% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Lake Flat costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 7.1% cheaper than the state average of
$910.
Can I afford Lake Flat?
To live comfortably in Lake Flat, South Dakota, a minimum annual income of
$71,280 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Lake Flat?
The cost of living in Lake Flat, SD is lower than the national average. This makes it a great place to live for those who are on a budget. Prices for essential items like groceries and petrol are lower than the national average, making it more affordable to live in the city. Rent prices are also quite reasonable, with one-bedroom apartments costing around $400 per month on average. The low cost of living combined with the community atmosphere make Lake Flat an attractive option for many residents.