Housing costs in Timber Lake?
A typical home costs
$95,900, which is 71.6% less expensive than the national average of
$338,100 and 64.2% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Timber Lake costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 8.3% cheaper than the state average of
$910.
Can I afford Timber Lake?
To live comfortably in Timber Lake, South Dakota, a minimum annual income of
$18,360 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Timber Lake?
The cost of living in Timber Lake, SD is relatively affordable compared to other areas in the country. The median home price is $188,000 and the median household income is $42,612. Additionally, the average cost of groceries and utilities are lower than the national average. While some items like gas and housing may be more expensive than other areas, overall the cost of living in Timber Lake is quite reasonable for most families.