Cost of Living in Clear Lake, SD

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A+
17%
Overall NAT. AVG.
8%
Goods & Services NAT. AVG.
37%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Clear Lake South Dakota National
Cost of living8389100
Goods & Services9393100
Groceries9698100
Health care104106100
Housing6377100
Transportation8993100
Utilities8485100
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Homes For Sale In Clear Lake, SD

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47123 180th St

Clear Lake, SD
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919 3rd Ave S

Clear Lake, SD
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704 Highway 22 W

Clear Lake, SD
property for sale

405 2nd St W

Clear Lake, SD

Cost Of Living Quick Facts

  • The cost of living in Clear Lake is 6% lower than the South Dakota average
  • The cost of living in Clear Lake is 17% lower than the national average
  • Clear Lake housing is 37% lower than the national average
  • South Dakota general sales tax is 12% lower than the national average
  • South Dakota state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Clear Lake

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Compare Clear Lake, SD Cost of Living

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      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$104,826$8,736$2,446$3,145
      Renters$75,536$6,295$1,762$2,266

      South Dakota Sales Tax

      State General Sales Tax With Max Surtax
      South Dakota 4.5% 6%

      South Dakota Income Tax

      State Income Tax (Low) Income Tax (High)
      South Dakota 0% 0%

      Goods & Services

      Item Clear Lake National avg. Difference
      Haircut $41.72$27.6251.1%
      Beauty Salon $34.85$51.1131.8%
      Toothpaste $4.04$4.091.3%
      Shampoo $1.51$1.542.1%
      Movie $9.93$12.8822.9%
      Yoga $17.37$19.6611.7%

      Groceries

      Item Clear Lake National avg. Difference
      Ground Beef $7.65$7.700.7%
      Fried Chicken $1.54$1.667.4%
      Milk $4.64$4.732.0%
      Potatoes $5.11$5.262.8%
      Pizza $11.87$12.767.0%
      Beer $9.31$10.5511.7%

      Health Care

      Item Clear Lake National avg. Difference
      Optometrist $196.68$140.0640.4%
      Doctor $192.21$153.8225.0%
      Dentist $116.03$123.155.8%
      Ibuprofen $11.81$11.730.7%
      Lipitor $19.23$23.6118.6%

      Housing

      Item Clear Lake National avg. Difference
      Home Price $215,566.00$326,622.0034.0%
      Avg. Mortgage Payment $1,964.40$2,480.2520.8%
      Apartment Rent $813.00$1,444.0043.7%

      Transportation

      Item Clear Lake National avg. Difference
      Gasoline $2.70$3.0611.8%
      Tire Balancing $58.97$65.219.6%

      Utilities

      Item Clear Lake National avg. Difference
      All Electricity $161.54$220.1226.6%
      Phone $200.12$195.712.3%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Toronto, SD274928.0%
      Altamont, SD32928.0%
      Brandt, SD977327.4%
      Gary, SD2937425.8%
      Astoria, SD1977821.8%
      Clear Lake, SD1,5418316.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Lone Pine, CA1,54211817.7%
      Wauregan, CT1,5401065.6%
      Markle, IN1,5408514.9%
      Ocean Gate, NJ1,54011717.4%
      Constantia, NY1,540919.0%
      Clear Lake, SD1,5418316.6%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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