Cost of Living in Lake Norden, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
105.6
100 = national avg
+5.6 vs national average
Living Wage (1 Adult)
$46,480
per year
Living Wage (Family of 4)
$109,861
per year
Cost Index by Category
Housing103.3
Food105.0
Transportation109.9
Healthcare104.0
Utilities103.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$708
per month
2 Bedroom
$929
per month
The overall cost of living index in Lake Norden is 105.6, which is 5.6% above the national average. Housing costs are above the national average at an index of 103.3. A single adult needs to earn approximately $46,480 per year to cover basic expenses.