Cost of Living in Lake Poinsett, SD

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C-
21%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
79%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Lake Poinsett South Dakota National
Cost of living12192100
Groceries9899100
Health care9597100
Housing17977100
Transportation9396100
Utilities104103100
Lifestyle & Entertainment9394100
Household Items9596100
Education & Childcare9898100
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Homes For Sale In Lake Poinsett, SD

property for sale

TBD 193rd St

Lake Norden, SD
property for sale

114 N East Lake Dr

Castlewood, SD
property for sale

122 N Lake Dr

Castlewood, SD
property for sale

122 N East Lake Dr

Castlewood, SD

Cost Of Living Quick Facts

  • The cost of living in Lake Poinsett is 33% higher than the South Dakota average
  • The cost of living in Lake Poinsett is 21% higher than the national average
  • Lake Poinsett housing is 79% higher 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 Lake Poinsett

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Compare Lake Poinsett, SD Cost of Living

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      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$125,115$10,426$2,919$3,754
      Renters$0$0$0$0

      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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Hetland, SD10963.5%
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      Lake Preston, SD4618019.5%
      Bruce, SD2648218.4%
      Estelline, SD8888416.2%
      Lake Poinsett, SD49612121.3%

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      Dennard, AR4967723.2%
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      Altha, FL4968712.8%
      Sharpsburg, GA496981.7%
      Lake Poinsett, SD49612121.3%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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