Artesian, SD vs Lake City, SD
There is a significant gap in the cost of living between these two cities. Artesian is 29.4% cheaper than Lake City. With a cost index of 61 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Artesian to Lake City should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Artesian are $87,000 compared to $175,000 in Lake City, a 50% gap.
Median household income in Artesian is $57,656 compared to $43,750 in Lake City (+31.8%). Artesian offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
Climate-wise, Artesian is notably warmer with an average of 47.7°F compared to 44°F in Lake City. Lake City receives more rainfall at 22.9" per year compared to 21.1" in Artesian.
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Housing
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Climate
NOAA 30-year normals (1991-2020)