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Aurora, SD vs Lake Preston, SD

75
Aurora
South Dakota
VS
+26.3%
59
Lake Preston
South Dakota

There is a significant gap in the cost of living between these two cities. Lake Preston is 26.3% cheaper than Aurora. With a cost index of 59 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Preston to Aurora should plan for substantially higher expenses across most categories.

On the housing front, median rent in Aurora is $829/month compared to $533/month in Lake Preston — a 56% difference. Home values follow the same pattern: Lake Preston is more affordable at $139,100 median vs $219,100.

Median household income in Aurora is $90,612 compared to $60,917 in Lake Preston (+48.7%). While Aurora is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Aurora spend roughly 11% of their income on rent, more than the 10.5% in Lake Preston.

Climate-wise, both cities share similar average temperatures (45.1°F vs 43°F). Aurora receives more rainfall at 29.6" per year compared to 22.7" in Lake Preston.

Income & Cost

Cost of Living Index
Aurora
75
Lake Preston
59
21% cheaper
Median Household Income
Aurora
$90,612
33% higher
Lake Preston
$60,917

Housing

Median Rent
Aurora
$829
Lake Preston
$533
36% cheaper
Median Home Value
Aurora
$219,100
Lake Preston
$139,100
37% cheaper
Population
Aurora
1,407
Lake Preston
539

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Aurora 45.1°F
Lake Preston 43°F
Summer High
Aurora 83°F
Lake Preston 82°F
Winter Low
Aurora 6°F
Lake Preston 3°F
Rainfall
Aurora 29.6"
Lake Preston 22.7"
Rainy Days
Aurora 108d
Lake Preston 96d